Current Market Data

Hurricane Harvey causes declines in August home sales

The Houston real estate market saw major declines in August as the city was hit with torrential rain and flooding from Hurricane Harvey. Single-family home sales dropped 25.4 percent in August compared to last year while total property sales

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See how much Houstonians need to earn to buy a home in the area

A new study by HSH.com reveals  what salary Americans must earn in order to afford a median-priced home in any given metro. For Houston residents, the cost of homeownership rings in at $57,346.12 a year, a 9.45 percent increase

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CoreLogic HPI: Home prices are up across the board

According to the CoreLogic Home Price Index (HPI), home prices increased significantly both month-over-month and year-over-year in July. The study analyzed listing prices for a comprehensive set of single-family attached and detached homes in gathering its findings. Nationally, the average

Rates of homeownership are still drawn upon racial lines, study finds

Buying a home remains a goal for many Americans. However, the road to homeownership is rockier for some than for others. A new Apartment List report reveals that the rate of homeownership in the United States varies greatly by

Housing affordability proves problematic for Houston’s low-income renters

A new study by Zillow reveals that rent growth continues to eclipse income growth for Houston’s lowest-income residents. The report – which considered both multifamily rent prices and U.S. Census data – concluded that even the cheapest apartments in

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Nonresidential construction rates fall in Houston, report finds

Though the amount of construction in Houston might seem abundant to its residents, the dollar amount spent on construction starts is actually on the decline throughout the city. A recent report by Dodge Data & Analytics reveals that the

The top five risks Americans consider when buying a home

As with any major investment, there is much to worry about when it comes to purchasing a home. For many potential buyers, the road to ownership is often blocked by personal hazards such as growing student loan debt, limited

See which interior design style is preferred by Texas residents

Dust off that gaudy chandelier and break out the lace: Victorian interiors are back in style at last, at least for some Americans. Though it may be surprising, a recent report from custom furniture brand Joybird reveals that Victorian-era

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On the move: Why Houston renters are relocating in droves

Despite settling in Houston, a recent Apartment List report suggests that many of the city’s renters aren’t so settled after all. The survey – which consists of nearly 24 thousand metropolitan renters nationwide – reveals that 56 percent of

Overall housing starts fall in July while single-family starts remain steady

Builder confidence led to a solid single-family housing market in July while overall housing starts decreased, according to new data from the U.S. Department of Housing and Urban Development and the Commerce Department. A similar report from the National Association of Home Builders

More Americans are shying away from homeownership, survey finds

Though the housing market may appear constantly abuzz with new buyers and sellers, an Experian survey has found that fewer and fewer Americans are interested in owning a home. In fact, 27 percent stated that they were not planning on purchasing

New survey shows shift in home types, finishes

As the housing market continues its rebound, trends among builders and buyers are evolving. A key finding from the recent 2017 Builder Practices Survey from Home Innovation shows that the market is seeing a move toward central price points. The survey shows

Man’s best roommate? Survey shows dogs influence housing choices

Feeding, cleaning up after, visiting doctors, taking trips to the playground. Yes, dog ownership is much like caring for a child, but it’s still often shrugged off as less of a commitment than parenting a human — some even

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Houston market sees 10th straight month of increase volume sales

Houston’s home market saw its 10th straight month of increased sales, although the market is showing a slight slowdown. According to the Houston Association of Realtors, there were 7,440 single-family homes sold in July, which is up 5 percent from last

Luxury home prices saw strongest growth since 2014

For the first time since 2014, luxury home prices saw stronger price growth than homes in the bottom 95 percent of the market, according to the latest report from Redfin. Luxury home prices rose 7.5 percent in the second quarter

Report: Housing demand dipped in June

The number of people seeking new homes slipped 4.3 percent in June — albeit from an all-time high in May, according to the most recent Redfin Housing Demand Index. In the index, 100 represents the historical average for the three-year period

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