Current Market Data
Pending listings dropped 25.5% year over year, with 1,549 properties going under contract.
The increase in purchase activity offset a decrease in refinancings.
Over the past year, more than 35% of rental listing page views in Houston came from out-of-towners.
New listings rose 4.9% year over year during the week ended Aug. 24, with 3,612 sellers adding homes to the market, up from 3,444 properties during the same week in 2025.
The Lone Star State’s top three priciest new listings are all located in Dallas.
The pace of home-price growth rose nationally but with significant regional differences.
New-home sales decreased from 2,164 in June to 2,121 in July. Sales were also down annually, from 2,281 in July 2025.
There were a total of 9,832 single-family rentals on the market. New listings, however, declined 2.8% year over year, with 7,664 properties added to the market.
Traffic at showings and open houses and listing views on HAR.com also fell annually, indicating a dip in potential buyers.
Buyers are reportedly looking for homes that reflect how they actually live, not how they could be living.
Nationally, home sales in the 46 metro areas surveyed by REMAX rose 2.5% year over year and slipped 5.7% month over month.
Active buyers are looking for more expensive homes, while price-constrained buyers are looking at fewer homes altogether.
Of the 50 metro areas surveyed by NAR, several stood out for year-over-year gains in contract signings.
The move was an improvement over July, but sentiment still remained in negative territory.
All 10 of the most expensive homes sold in greater Houston last month were located within Houston proper.
PMI — which protects lenders on mortgage loans where the down payment is less than 20% and as low as 3% — allowed Texas buyers to save an average of $51,645 at closing in 2025.
