HAR: Closings and new listings are down, but showings are increasing

by Emily Marek

New listings are still down compared to last year, according to HAR’s weekly activity snapshot.

New listings in Houston declined 8.2% year over year to 2,680 properties in the week ended Sept. 12, the Houston Association of REALTORS® said, citing the Multiple Listing Service.

Pending listings were down from 2021 as well, with a 31.1% drop, while off-market listings rose 14.6%.

HAR also noted in their report that closings have decreased for the 14th week in a row, with a 25.2% drop from the same period last year.

Traffic at showings has actually increased since 2021, with attendance jumping 18.5% to more than over 33,500 in the week ended Sept. 12.

Read More Related to This Post

Join the conversation

Oops! We could not locate your form.