Current Market Data

New home construction surges in March, suggesting relief for homebuyers
New home construction surges in March, suggesting relief for homebuyers

Privately owned housing starts jumped 19.4% from February’s revised estimate to a seasonally adjusted annual rate of 1,739,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development

Zillow: Most experts expect relief to supply woes later this year, early 2022
Zillow: Most experts expect relief to supply woes later this year, early 2022

Forty-three percent of respondents to the first-quarter Zillow Home Price Expectations survey expect inventory to improve in the second half of the year, followed by 26% who expect it in the first half of 2022.

Midweek listings in Houston selling for a little more
Midweek listings in Houston selling for a little more

Homes listed on a Tuesday, Wednesday or Thursday are selling for more than those listed on the weekend, but how much varies by metro area.

Houston single-family home sales rose by 24% in March
Houston single-family home sales rose by 24% in March

A combination of a lack of inventory for low-priced homes, aggressive shopping among high-end homes and historically low interest rates led to a surge in the sales of single-family homes in March.

Houston’s housing supply shortage expected to continue for some time
Houston’s housing supply shortage expected to continue for some time

The housing supply shortage is expected to get more extreme as homebuyer demand continues to outweigh inventory levels, a new study found.

The 10 most expensive Houston homes sold in March
The 10 most expensive Houston homes sold in March

Who had the 10 most expensive deals in the Houston area in March?

Homeownership remains affordable despite price increases
Homeownership remains affordable despite price increases

Rising wages and falling mortgage rates are helping keep homeownership within reach of average wage earners nationwide despite surges in housing prices.

Houston home sales up compared to early days of 2020 pandemic
Houston home sales up compared to early days of 2020 pandemic

The data are skewed because it was at this time last year that the coronavirus pandemic forced the real estate business to go into lockdown until it was deemed an essential service.

Home prices hit 15-year high nationwide
Home prices hit 15-year high nationwide

Prices in the Houston metro area were up 6.3% over February 2020. CoreLogic classified Houston’s market as “overvalued.”

Houston named one of the best places for real estate agents to work
Houston named one of the best places for real estate agents to work

Houston wasn’t the only Texas city to make the list. The Lone Star State has five of them on the list, including No. 1 ranked Midland. 

Oops! We could not locate your form.