The average lease price also rose 1.5% to $2,344, the second-highest monthly rent for a single-family home ever recorded in Houston.

Canceled home-sales contracts hit their highest rate in almost a year as skittish homebuyers blanche at mortgage rates that are the highest they’ve been in more than 20 years

The most expensive Houston home sales last month ranged from a $12.5 million mansion in River Oaks to a $3.4 million property known as “The House of Many Palms.”

The Houston-area city of Bellaire is one of the most family-friendly cities in the U.S., according to Opendoor’s second-annual ranking.

A rise in new listings is finally giving potential homebuyers options as the summer market winds down.

Closings were up 2.1% during the week ended Sept. 11, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.

Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.

Single-family home sales slid 3.8% in August, the lowest decline since May 2022. That’s the 17th straight month of declines.

The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

Those looking to buy a house will be paying a premium as inventory continues to be an issue.

Realtors entered 2,853 properties into the Multiple Listing Service during the week, up from 2,500 during the same week in 2022.

Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.

New listings jumped ahead of 2022 volumes last month, with 12,574 properties entered into the Multiple Listing Service.

BrokeScholar examined population growth in 150 U.S. “college towns” — defined as cities with at least one major public or private university.

Luxury homes in the Dallas-Fort Worth area make up a majority of the priciest new listings from the past month.