Clear Capital recently released its Home Data Inex Market Report with data through May 2015. The report found, outside of the usual headline-making markets, there are seven markets, considered "major" in density and culture, which are in bubble territory. These markets have had two years on consecutive quarterly softening, meaning each subsequent quarter, over the two year period starting May 2013, has seen less growth than the previous quarter. The company has rulled out seasonality since two summers and winters have gone by with no observed impact on the softening.
After a LONG winter in some parts of teh country, mainly the Northeast and Midwest, the regions continue to struggle to shake off winter's chill.