3rd Look at Local Housing Markets in May

Inventory Up, Sales Down, New Listings Picking Up

This is the third look at local markets in May. I’m tracking about 35 local housing markets in the US. Some of the 35 markets are states, and some are metropolitan areas. I update these tables throughout each month as additional data is released.

We are seeing a significant change in inventory, and maybe a pickup in new listings. So far, most of the incr…