Final Look at Local Housing Markets in February

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

The big story for February existing home sales was the sharp year-over-year (YoY) decline in sales, and also the rebound from the low level of sales in December and January. Also, active inventory increased sharply YoY, but is still historically low - and new listings are down YoY.

This is the final look at local markets in February. I’m tracking about 4…