by Calculated Threat on 12/18/2024 05:31:00 PM
Right this moment, within the Calculated Threat Actual Property E-newsletter: 4th Have a look at Native Housing Markets in November
A short excerpt:
The NAR is scheduled to launch November Present Dwelling gross sales tomorrow, Thursday, December nineteenth at 10:00 AM. The consensus is for 3.97 million SAAR, up from 3.96 million in October. Final 12 months, the NAR reported gross sales in November 2023 at 3.91 million SAAR. This would be the second year-over-year acquire since July 2021 (final month was the primary).
Housing economist Tom Lawler expects the NAR to report gross sales of 4.09 million SAAR for November.
…
Here’s a have a look at months-of-supply utilizing NSA gross sales. Notice the regional variations with extra months-of-supply within the South, particularly in Florida and Texas (though November statistics in Florida had been doubtless nonetheless impacted by Hurricane Milton).
…
A number of native markets – like Illinois, Miami, New Jersey and New York – will report after the NAR launch.
There’s rather more within the article.
