Realtors entered 2,828 properties into the Multiple Listing Service during the week, a 5.3% increase year over year.

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

Two weeks after housing inventory turned negative, home prices posted a healthy increase, MarketNsight said. 

With 1,846 units sold during the week, closings were up from 2022 volumes for the second time this year.

First-timers made up 45% of buyers in 2022 and 37% in 2021.

Houston’s average sales price for newly constructed homes rose to $427,191 in July, up from $426,314 in June.

Over 90,000 apartments could join the Houston housing market, according to the Q2 2023 Construction Pipeline report from Berkadia.

High mortgage rates and limited inventory continued to weigh on sales activity, National Association of REALTORS®Chief Economist Lawrence Yun said. 

Despite a brief swing into positive territory last week, closings are once again down from 2022 levels in Houston.

Leases of single-family homes jumped 19% to 4,596 during the month — the highest volume ever recorded in Houston.

A new report from moveBuddha shows that the typical buyer isn’t yet factoring in climate-related risks when deciding where to live.

Single-family home permits and completions, meanwhile, also rose, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Realtors from Compass RE Texas top the list of the most expensive homes sold in greater Houston during July, both as listing agents and buyer agents.

Experts predict that Houston will be one of the most populated places in America by 2100. But can the metro actually handle all that growth?

According to the Houston Association of REALTORS® Housing Affordability Index, only 39% of households in the Bayou City could afford a median-priced home during the second quarter.