I’ve rearranged these looks at local data with closed sales first, new listings second and active inventory at the end.
I’ve also spelled Raleigh correctly! … In May, sales in these early reporting markets were down 3.9% YoY. Last month, in April, these same markets were down 1.8% year-over-year Not Seasonally Adjusted (NSA).
Important: There were fewer working days in May 2025 (21) as in May 2024 (22). So, the year-over-year change in the headline SA data will be higher than for the NSA data. … Many more local markets to come!