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Final Look at Local Housing Markets in January


by Calculated Risk on 2/21/2022 12:53:00 PM

Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in January

A brief excerpt:

This update adds Columbus, Illinois, Indiana, Miami, New York and Phoenix.

Here is a summary of active listings for these housing markets in January. Inventory was down 10.2% in January month-over-month (MoM) from December, and down 31.8% year-over-year (YoY).

Inventory almost always declines seasonally in January, so the MoM decline is not a surprise. Last month, these markets were down 29.4% YoY, so the YoY decline in January was larger than in December. This isn’t indicating a slowing market.

Notes for all tables:

1. New additions to table in BOLD.

2. Northwest (Seattle), North Texas (Dallas), and Santa Clara (San Jose), Jacksonville, Source: Northeast Florida Association of REALTORS(R)

3. Totals do not include Atlanta, Denver, Minneapolis (included in state totals).

There is much more in the article. You can subscribe at

Housing Inventory February 21st Update: Inventory Down Slightly Week-over-week; New Record Low

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