4th Look at Local Housing Markets in November; California Sales off 48% YoY

Another step down in sales in November

This is the fourth look at local markets in November. 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.

Closed sales in November were mostly for contracts signed in September and October. Mortgage rates mo…