Final Look at Local Housing Markets in January

Year-over-Year: Sales Down Sharply, Inventory Increased, New Listings Down

The big story for January existing home sales was the sharp year-over-year (YoY) decline in sales. Also, active inventory increased sharply YoY, but is still historically low.

This is the final look at local markets in January. I’m tracking about 40 local housing markets in the US. Some of the 40 markets are states, and some are metropolitan areas. I upd…