Housing Market Snapshot
Month-over-month change in total sales for December 2018
|Region||MoM change in total sales in 12/2018|
|State||MoM change in total sales in 12/2018|
|District of Columbia||2.53%|
Only Washington, D.C., had a month-over-month increase in total units sold in December 2018.1 Sales increased by 2.53%, possibly due to market demand. All other states showed a decrease, which may be due to a seasonal slowdown.
Regionally, the South had the smallest drop in sales compared with the rest of the county. Colder temperatures may have caused larger declines in the Northeast and the Midwest. It is possible that demand may have been even lower in January as a polar vortex affected much of the nation.
1Source data: CoreLogic®
Data date: 3/11/2019
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