Daily Metro Detroit Market Brief: Friday, May 15, 2026
Freddie Mac's weekly survey came in at 6.36% yesterday — down 1 bp from a week earlier and down 45 bps from 6.81% a year ago. NAR's April release (May 11) reported national prices +0.9% YoY, the 34th consecutive month of YoY gains. Across the 18 Metro Detroit cities in this brief, a two-track spring: Garden City posts +15.3% YoY (the strongest on the brief), Plymouth +12.7%, Wixom +15.0% — while five upper-tier Oakland County cities (Birmingham, Novi, Troy, Rochester Hills, West Bloomfield) have flattened or turned slightly negative on Zillow ZHVI.
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