New listing activity was vibrant during the first week of June, although it trailed the previous year’s numbers by 4.4%, according to the Houston Association of REALTORS®.
COVID was a setback for many associations, but it offered the Women’s Council of REALTORS® the opportunity to get creative and dig deep to find ways to connect meaningfully with members across the country.
Following last week’s uptick in new listings, Greater Houston saw a 9.4% drop in homes listed for sale during week 21, according to the Houston Association of REALTORS® weekly activity snapshot.
New Houston listings were up 9% year over year in May, while active listings surged 21.5%. Additionally, the average list price of a Houston home rose to $441,303.
A new report by the Houston Association of REALTORS® (HAR) revealed a slight year-over-year increase in new Houston listings for the week ended May 23.
Although Greater Houston’s real estate market remains steady, data from a new Houston Association of REALTORS® report shows that the current market is slightly cooler compared to 2021.
Despite Houston real estate’s robust performance last month, sales volume in April failed to keep up with the previous year’s historic pace.
Buyers in the Houston area need 26.9% more income than they did a year ago to afford a home, according to the Houston Association of REALTORS® (HAR) Housing Affordability Index.
New listing activity remained brisk in week 17 but trailed last year’s volume for a fourth consecutive week, providing little relief to inventory levels across Greater Houston.
New listings fell short of last year’s numbers in April, leaving Houston’s already-low housing supply even more depleted, according to a new report by the Houston Association of REALTORS®.