New-home sales declined in all four of Texas’s major metropolitan areas, with the greatest decreases seen in Houston and Dallas-Fort Worth.

At the same time, the pace of annualized home-price increases reversed its downward trajectory, S&P Dow Jones Indices said. 

Single-family rental activity was elevated in January, according to the latest Rental Market Update from the Houston Association of REALTORS®.

New listings rose 21.7% year over year during the week ended Feb. 17, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

Sharon Ballas, an agent with Greenwood King Properties, was the listing agent — and selling agent — for the priciest home sale in Houston last month.

Although January’s historic snowfall caused a slight hiccup for Houston home sales, the market rebounded and “maintained a healthy balance between supply and demand,” the Houston Association of REALTORS® said.

Housing supply is the highest it’s been since 2020, and while there’s lots to choose from, demand is the lowest it’s been in four years.

Cupid struck Houston homebuyers with major love for Brookshire last year — home sales increased by nearly 150% year over year in the community.

Closings rose 13.6% year over year in Houston during the week ended Feb. 10, according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS®.

Although Houston’s median home price rose slightly in the fourth quarter of 2024, the average mortgage rate decreased, easing affordability constraints for buyers.

Closings inched up 1.2% year over year in Houston during the week ended Feb. 3, according to the latest Weekly Activity Snapshot from the Houson Association of REALTORS®.

The average list price was $421,789 last month — in comparison, the average home was listed for $408,076 in January 2024.

A majority of the most expensive new listings in Texas are located in the Dallas area, although the priciest new listing is located in Manor, an Austin suburb.

On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C. 

New listings increased 6.5% year over year amid historic snowfall in the Houston area, according to the latest Weekly Activity Snapshot.