Now that March is done, let’s look at our regular monthly “preview” charts. Here’s the summary for March: Sales look to be a bit lower than last year, even as the spring bump has begun. Listings are still struggling to make gains. Foreclosures are still nearly non-existent.
Here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series:
If sales start falling off, we could see some hope for buyers later in 2018, but right now it’s too early to make a call like that…