Current Market Data
Warren Wetzel, studio director of the KB Home Design Studio, sat down with Houston Agent to discuss the homebuilder’s new-home design predictions for the upcoming year.
New listings in Houston increased by 13.8% during the week ended Dec. 11, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.
Single-family sales rose by 4.9% during the month, representing the first month of year-over-year increase since March 2022.
How will our homes evolve in the new year?
New listings continue to surpass 2022 volumes, according to the Houston Association of REALTORS® Weekly Activity Snapshot for the week ended Dec. 4.
New listings increased by 13.3% year over year, with 9,975 properties added to the MLS during November.
These are the most expensive new listings in Texas, all added to the MLS in the past month.
New listings surpassed 2022 volumes by 21.6% during the week ended Nov. 27, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.
The average American spends roughly $1,700 on their monthly rent, according to a new report from RentCafe.
Even so, HomesUSA CEO Ben Caballero says the Houston new-home market “looks strong” entering 2024.
The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.
Houston inventory was revitalized by a 6.9% increase in new listings during the week ended Nov. 20.
Houston saw one of the largest increases in new listings in the country last month, according to the RE/MAX National Housing Report.
Detached single-family homes remained the most popular type of housing, making up 79% of all home purchases during the past year.
Single-family home rentals rose 4.3% year over year during October 2023. Meanwhile, 9.8% more home rentals added to the market and the time it took to lease a home increased from 29 to 32 days.
New, pending and closed listings all rose during the week ended Nov. 13, according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS®.