A report from the Real Deal on New York. "Inventory has been on an upward trajectory in Manhattan. In the fourth quarter, sales listings swelled 12 percent, according to Douglas Elliman — with co-op listings climbing 24 percent. But on the Upper East Side in particular, co-ops currently on the market far outnumber condos."

"'There are these grand apartments on Park Avenue that previously would have been commanding high prices,' said Louisa Gillen of The Simple Real Estate Co. 'Now, even at a nice discount, they’re still sitting.'"

"Gillen pointed to several of her own deals in the neighborhood that have closed at significant discounts. One co-op at 655 Park Avenue sold in November at 22 percent below its last asking price of $4.2 million. Seeing these sales will affect the offers buyers make going forward, she said."

From Boston.com on Massachusetts. " The median pending sales prices for single-family homes and condos in Massachusetts in December were a little bit lower than than they were in December 2017, offering a very faint glimmer of hope to stressed out buyers in a seller’s market that is bucking the national trend."

"For single-family homes, the median pending sales price last month was $375,000, the Massachusetts Association of Realtors (MAR) reported Wednesday. That’s a 1.3 percent decrease. For condos, that figure was $352,500, reflecting a 2.1 percent drop compared with December 2017."

The Sacramento Bee in California. "After seven years of price increases, Sacramento’s housing market hit a plateau in 2018. What are we in for this year? Our team: Dean Wehrli is an analyst for John Burns Real Estate Consulting. Erin Stumpf is a Realtor with Coldwell Banker. Greg Paquin heads The Gregory Group, a real estate research and data firm. Pat Shea is president of Lyon Real Estate. And Ryan Lundquist is an appraiser."

"Are we in a bubble, like the one that burst in 2008? All five experts: No."

"What happened to Sacramento real estate in the last half of 2018? Lundquist: In one word, the market has been in a slump. Sales volume was down 11 percent from the last year. There have been (homes) on the market that haven’t sold. Prices have been more flat. We had the lowest December in sales volume in the last 11 years."

"Wehrli: Construction and labor costs continue to push pricing (up) in the new home sector. This exacerbated already-high prices which are probably the biggest reason for the slowdown. Stock fluctuations haven’t helped, particularly for buyers with jobs based in the Bay Area. Many potential home buyers figured prices were at a peak, or about to peak. These buyers are trying to time the market. They … are willing to wait to see how low sellers can go."

"Are there any trends emerging this year that we should keep our eye on? Lundquist: I think the market is poised for buyers to gain more power than sellers. But not total control. Buyers are making the mistake that sellers were making. Sellers thought they could command whatever price they want. Buyers are making an equal mistake of saying I can offer whatever I want."