Between the tariff calamity that is still a long way from being resolved and Jamie Dimon calling the markets complacent, you would think that The Big Wait would come naturally and home sales would be slowing considerably.

In addition, most homes for sale aren’t selling, and the doomers are out in force!

Yet, look how this month’s local home sales are ahead of last May:

There will be sales from yesterday that get recorded today, plus late-reporters, so I used the data from May 1-18, 2024 for last year’s sales count to get a comparable sample set.

Is there any alarm for the individual areas?

It looks like the sales distribution is ok for now. Hat tip RSF!

Apparently, there have been affluent buyers ignoring the over-supply of homes for sale and the rest of the chaos who are paying enough to make sellers happy!