Lawler: Early Read on Existing Home Sales in July

3rd Look at Local Housing Markets in July; California Sales Down 9% YoY

This is the third look at local markets in July. I’m tracking a sample of about 40 local housing markets in the US. Some of the 40 markets are states, and some are metropolitan areas. I’ll update these tables throughout the month as additional data is released.

Closed sales in July were mostly for contracts signed in May and June. Since 30-year fixed mor…