A report from the Boston Globe in Massachusetts. "The number of houses and condos sold in the region in March was essentially flat, according to the Greater Boston Association of Realtors. Prices climbed, but not at the torrid pace of the last two years. And the number of homes listed for sale — especially condos — is rapidly growing. With active listings up nearly one-fifth from last year, would-be buyers are in relatively good shape, said GBAR president Jim Major."

From The Real Deal on New York. "The number of Hamptons homes that sold during the first three months in 2019 fell nearly 20 percent when compared to the same time in 2018, the lowest mark in seven years, according to first quarter data released by Douglas Elliman."

"The past few months saw inventory spike 87.8 percent, to 2,407, compared with the same time a year ago. The median sales price dropped 5.5 percent year-over-year, to $850,000, but nearly 15 percent from the $995,00 it hit during the fourth quarter of 2018. The average sales price dipped a little more than 3 percent, to almost $1.63 million, from the same time in 2018."

"In the luxury market, the median sales price rose 18.2 percent year-over-year, to $6.56 million, a metric that was still 16.4 percent lower than the end of 2018. Luxury inventory also swelled to 869, a 77.7 percent increase from the fourth quarter of 2018 and a whopping 191.6 percent rise from the first quarter of last year."

From Mansion Global on California. "The broad slowdown in U.S. luxury home sales has finally caught up with Los Angeles, a megamansion epicenter where prices have doubled in the past six years."

"The median price across the city’s downtown and westside—a swath of high-end neighborhoods from the Sunset Strip to Malibu—fell 4.5% year-over-year to $1.455 million, according to the report from brokerage Douglas Elliman. It’s only the second time annual price growth turned negative in the city since 2011, said Jonathan Miller, chief executive of appraisal firm Miller Samuel."

"Thanks to a thriving economy and tight inventory, Los Angeles had experienced robust sales and price growth before this year, bucking a broad slowdown in luxury sales that began in 2018 and even earlier in places like New York City. But it appears price growth in La La Land had to come back to earth at some point."

"'The new federal tax law combined with a chronic lack of inventory for the past four, five years have pressed affordability lower,' Mr. Miller said. Now buyers are taking a breather, he said."

"Sales dropped by 26% in the first three months of this year compared to a year ago. At the luxury end, the top 10% of the market, house sales fell by roughly one-third in the first quarter compared to a year ago, according to the report. Even in perennially popular Malibu, house and condo sales were half of what they were a year ago."

From Patch Beverly Hills on California. "This gorgeous Beverly Hills home just got a whopping $10 million price reduction. The modern 7-bedroom, 11-bathroom home sits on more than an acre of land north of Sunset Boulevard, according to the listing. Price: $29,950,000."

From Pamplin Media on Oregon. "Portland's residential real estate market has cooled a bit from the last few years. Sean Z. Becker, owner of Sean Z. Becker Real Estate, does the majority of his condo sales in the South Waterfront and Pearl District. He saw the condo market slow down last year, particularly in the fourth quarter."

"Becker said the Pearl District has seen an increase in inventory and The Vista is about 60 percent sold. However, the market has now shifted to a resale market for condos and more apartments are being built than condos. 'I don't think there is anything systematically wrong. The brokers, the buyers and the market have to adjust their expectations a little bit,' he said, adding the high pricing of the last few years has peaked."

"'In the condo market buyers are becoming more discerning and they are taking their time,' Becker said. 'They are comparing prices and looking more at amenities, so things are sitting longer.'"

"Mark Washington, senior vice president with JLL, said this time last year the market was waiting to see how multifamily would perform given the expected large delivery of anticipated supply. 'In some investors' opinions it was a doomsday scenario that could have put the market in a position to retract some of the positive momentum achieved in recent years, producing scenarios where rent growth could be negative and large buildings would take significantly longer periods to lease up,' he said."

"Instead, the outcome showed promise and exemplified the strength of the fundamentals within the Portland market due to net migration and continued strong job growth, Washington said. 'This doesn't mean that all things were roses and sunshine for the market,' he added. 'Most buildings are becoming creative in how they attract tenants, concessions within the market have remained at an elevated level, and rent growth in a lot of pockets around the city has tapered off.'"

"'Given the performance of last year we are seeing a number of owners become confident enough to re-enter the market, but a cloud a caution does loom above the city for a number of reasons,' Washington said. Those factors include another potential peak year of new construction deliveries as well as investors digesting the political environment within the city and state, including the recent passage of legislation regarding rent control, inclusionary housing and green roofs."