1st Look at Local Housing Markets in November; Another Year-over-year Sales Gain in November

Calculated Risk2024-12-06

Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in November A brief excerpt: NOTE: The tables for active listings, new listings and closed sales all include a ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2489258178?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-06 11:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2489258178","market":"us","top_or_hot":-1,"title":"1st Look at Local Housing Markets in November; Another Year-over-year Sales Gain in November","media":"Calculated Risk","content":"<div>\n<p>Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in November\nA brief excerpt: NOTE: The tables for active listings, new listings and closed sales all include a ...</p>\n\n<a href=\"https://www.calculatedriskblog.com/2024/12/1st-look-at-local-housing-markets-in.html\">Source Link</a>\n\n</div>\n","source":"calculatedriskblog_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>1st Look at Local Housing Markets in November; Another Year-over-year Sales Gain in November</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n1st Look at Local Housing Markets in November; Another Year-over-year Sales Gain in November\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-06 11:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.calculatedriskblog.com/2024/12/1st-look-at-local-housing-markets-in.html><strong>Calculated Risk</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in November\nA brief excerpt: NOTE: The tables for active listings, new listings and closed sales all include a ...</p>\n\n<a href=\"https://www.calculatedriskblog.com/2024/12/1st-look-at-local-housing-markets-in.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NSA","symbol_name":"National Storage Affiliates Trust","start_time":0,"source_url":"https://www.calculatedriskblog.com/2024/12/1st-look-at-local-housing-markets-in.html","article_id":"2489258178","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489258178","pubTimestamp":1733455980,"columns":[],"sourceInfo":{"source_id":"calculatedriskblog_highlight","name":"Calculated Risk"},"weMediaInfo":null,"summary":"Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in November. A brief excerpt: NOTE: The tables for active listings, new listings and closed sales all include a comparison to November 2019 for each local market .This is the first look at several early reporting local markets in October. 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 October were mostly for contracts signed in September and October when 30-year mortgage rates averaged 6.18% and 6.43%, respectively .  These were the lowest mortgage rate in 2 years!In November, sales in these markets were up 17.0% YoY. Last month, in October, these same markets were up 15.7% year-over-year Not Seasonally Adjusted .Note that most of these early reporting markets have shown stronger year-over-year sales than most other markets .This was ","collect":0,"end_time":0,"defaultTopTitle":"calculatedriskblog.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NSA":"National Storage Affiliates Trust","BK4217":"自存仓储房地产信托","BK4084":"特种房地产投资信托"},"translate_title":"第一次看11月当地房地产市场；11月份销售额再次同比增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NSA":1},"content_text":"Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in November\nA brief excerpt: NOTE: The tables for active listings, new listings and closed sales all include a comparison to November 2019 for each local market (some 2019 data is not available).\n\nThis is the first look at several early reporting local markets in October. 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.\n\nClosed sales in October were mostly for contracts signed in September and October when 30-year mortgage rates averaged 6.18% and 6.43%, respectively (Freddie Mac PMMS).  These were the lowest mortgage rate in 2 years!\n...\nIn November, sales in these markets were up 17.0% YoY. Last month, in October, these same markets were up 15.7% year-over-year Not Seasonally Adjusted (NSA).\n\nNote that most of these early reporting markets have shown stronger year-over-year sales than most other markets (for the last several months).\n\nImportant: There was one fewer working day in November 2024 (19) as compared to November 2023 (20). So, the year-over-year change in the headline SA data will better than the NSA data suggests (there are other seasonal factors).\n\nLast month, there was one more working day in October 2024 (22) as in October 2023 (21), so seasonally adjusted sales were not as strong year-over-year as NSA sales.\n...\nThis was just several early reporting markets. Many more local markets to come! There is much more in the article.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489258178"}