3rd Look at Local Housing Markets in February

California Sales Down 8.2% YoY, Inventory up from January

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

My view is that if the housing market starts slowing, it will show up in inventory first.

The following…