Despite spending more time than ever at home, more than half of Americans admit to hiding from their neighbors, according to a survey from Top Rail Fence.

Pending listings plummeted over 40% year over year during the week ended July 8, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.

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Closings increased by 10.4% year over year, with 2,714 homes sold compared to 2,458 during the same week in 2023.

Active listings increased by 36.7% in June, according to the FRESH Report from the Houston Association of REALTORS®.

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All properties were listed during the month of June.

Realtors entered 3,852 properties into the MLS during the week ended June 24, an 18.5% increase year over year.

Despite this increase, HomesUSA CEO Ben Caballero still voiced concerns about the outlook for the Texas new-home market.

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“The Houston rental market shows no signs of slowing down,” said HAR Chair Thomas Mouton.

The record-breaking sales price comes as the pace of transactions slid from April, the National Association of REALTORS® said. 

Pending listings increased by 1.3% year over year, with 2,400 homes going under contract, compared to 2,369 during the same week in 2023.

The average 30-year fixed mortgage rate dipped to 6.87%.