A report from the Providence Journal on Rhode Island. "While median sales prices for single-family houses climbed 3.5 percent in July compared to the same month a year earlier, the Rhode Island Association of Realtors cautioned that the market may be cooling as the number of houses for sale increased from July last year to this year, the association said. Also, for the fifth straight month, the number of houses sold was down compared to the same month a year earlier."

"'All indications are that the market may have reached the tipping point at which supply and demand begin to become more balanced,' the association stated in its release. Association president Joe Luca said that, while an increased number of houses available for sale should ease pressure on prices to go up, he doesn’t expect to see them fall like they did a decade ago. 'We’re still firmly in a seller’s market but the tide might be beginning to turn,' he said."

From the Tennessean. "Apartment rents in the Nashville area dropped in July after nearly seven years of continuous upward growth, and the for-sale housing market's sizzling post-recession prosperity chilled. The slowdown is a welcome relief to renters and buyers weary of the seemingly boundless boom that has outpaced wages and rapidly inflated home prices to nearly double their 2012 values. 'I’m happy to see that the buyer market is getting a little bit of leverage,' said Jeff Checko, a Realtor with RE/MAX Advantage. 'Sellers have been too big for their britches. The market is pushing back a little on that.'"

"The downtrend is likely a market correction mirrored in cities across the nation, rather than the beginning of an economic slump. 'We're seeing the same pattern in Nashville in markets like Denver, Seattle and Los Angeles,' said Aaron Terrazas, senior economist at Zillow. 'It's slowing down. But it's still, in many cases, above the historic pace.'"

"In the greater Nashville market, homes listed for less than $300,000 in Rutherford County increased in value while higher-ticket options in Williamson County saw price declines this year, Checko said. 'It's difficult to pinpoint the exact cause but certainly the recipe would include a climate of rising interest rates, overzealous sellers, and more inventory,' he said."

"There are 31.3 percent more homes for sale in this quarter than during the same period last year, according to a Zillow analysis of the Nashville market. The downturn comes after seven years of significant consecutive rent hikes and feverish construction of thousands of new units. Five new apartment complexes delivered 1,200 rental units and condos to the urban core this year, loosening the tight supply and decreasing demand, according to Nashville Downtown Partnership. Seven new apartment buildings are now in the works with 1,864 units expected to open incrementally through 2020."

The Dallas Morning News in Texas. "Is the housing boom running out of gas? During the last few years, the home market has been on a tear in North Texas and in other parts of the country, with prices soaring and buyers lining up as soon as a sign hits the front yard. But there are growing signs that the fast-paced housing market is shifting gears. In North Texas, year-over-year preowned home sales have fallen in many neighborhoods, and for the entire region, year-to-date sales were up a measly 2 percent as of July."

"At the same time, the double-digit percentage home price gains of the last few years have faded in Dallas-Fort Worth. At midyear, the number of prospective U.S. homebuyers who said they planned to make a purchase in the next 12 months fell to just 14 percent — down from 24 percent in fourth quarter of 2017, according to the National Association of Home Builders. That's still another sign that the home market — while not in a traditional bubble — may be headed for slower sales in the year ahead."

"'It's clear that the winds that have boosted sellers over the past few years are ever-so-slightly starting to shift,' said Zillow senior economist Aaron Terrazas."