Pending listings declined 22.2% year over year in Houston during the week ended Oct. 12, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.
The drop in pending home sales points to slower sales in the weeks and months ahead, a trend reflected in a 5.1% decline in property showings and a 24.1% decrease in listing views on HAR.com.
Closings stalled as well, with 1,137 home sales during the week, down 11.4% year over year, while new listings dipped 3.6%, with 3,369 properties added to the MLS.

