by Calculated Risk on 7/16/2025 02:34:00 PM
Today, in the Calculated Risk Real Estate Newsletter: 3rd Look at Local Housing Markets in June
A brief excerpt:
This is the third look at local markets in June. I’m tracking over 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 June were mostly for contracts signed in April and May, and mortgage rates, according to the Freddie Mac PMMS, averaged 6.73% in April and 6.82% in May (slightly higher than for closed sales in May).
…In June, sales in these markets were up 4.7% YoY. Last month, in May, these same markets were down 3.8% year-over-year Not Seasonally Adjusted (NSA).
Important: There were more working days in June 2025 (20) as in June 2024 (19). So, the year-over-year change in the headline SA data will be lower than for the NSA data.
…
More local markets to come!
There is much more in the article.
