Current Market Data

Housing starts plunge in May amid uncertain economic conditions 

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

Mortgage lending plummets in first quarter of 2022

Mortgage lending took a nose dive across the U.S. in the first quarter of 2022

Flattening homebuyer budgets indicate price growth will begin to slow

Redfin economists say they expect the cooldown in budgets to lead to a cooldown in price growth over the next few months. 

Mortgage application rates fall to lowest level in more than 20 years

Worsening affordability challenges are affecting first-time homebuyers

Houston’s housing market solid during first week of June

New listing activity was vibrant during the first week of June, although it trailed the previous year’s numbers by 4.4%, according to the Houston Association of REALTORS®.

Houston real estate market shows stability in May

May home sales maintained a healthy pace despite climbing housing prices and mortgage interest rates. And, due partly to an increase in new listings, housing inventory reached its highest level of the year, HAR reports.

May marks turning point in housing frenzy, homebuyers starting to regain control

The shift comes at a great cost as rising mortgage rates continue to keep buyers out of the market.

Houston home prices show no signs of slowing in March S&P CoreLogic Case-Shiller Index 

Nationally, the index posted its highest annual increase ever.

Home prices decelerate, as the housing market downshifts

With affordability reduced, some buyers are pulling back from the market forcing sellers to adjust their price expectations.

Pending-home sales fall to 10-year low 

Nevertheless, home prices are expected to continue rising through the end of the year, according to the National Association of REALTORS®. 

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