Current Market Data

Homebuyer demand stabilizes as mortgage rates dip

Homebuyer demand is starting to stabilize as October home sales posted the largest decline since 2015, according to a new report.

Houston Housing Scorecard: Improvement for inventory and housing starts

While existing home sales are down, housing starts have increased year over year. Houston has also seen a healthy increase in inventory.

First-time homebuyers older and fewer than ever before

First-time homebuyers account for the lowest percentage of buyers ever recorded, according to the National Association of REALTORS®.

New listings still trail 2021 volumes

New listings were down 6.6% year over year in the week ended Oct. 31, according to Houston Association of REALTORS®’s Weekly Activity Snapshot.

HAR FRESH Report: Active listings have risen year over year

The Houston Association of REALTORS® FRESH Report shows that while new listings are down, active listings nearly double the amount of inventory that was available in October of 2021.

Homes staying on the market longer, sellers feeling the pressure

The median age of inventory in Houston is 57 days, down from 83 before the pandemic began.

CoreLogic: September brings fifth consecutive monthly slowdown in home-price growth 

Looking ahead, CoreLogic expects national year-over-year appreciation to slow to 3.9% by September 2023. 

NAR: Pending-home sales drop 10.2% in September 

September is the fourth month in a row to see declining sales activity. 

Mortgage rates top 7% for first time since 2002 

A 30-year fixed-rate mortgage rose to 7.08% this week from 6.94% a week ago, Freddie Mac reported. A year ago, the average mortgage carried a 3.14% rate. 

HAR reports new listings dip this week in Houston

Houston Realtors entered 2,555 properties into the MLS for the week ending Oct. 24. That’s a 5% decrease from last year, when 2,689 new properties were listed.

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