New and active listings are up in Houston, according to the Houston Association of Realtors® FRESH Report for March.

Condominium owners looking for more space, access to outdoor areas and increased distance from neighbors often consider a detached home to be a natural upgrade. But are these upsizing dreams actually attainable?

New listings have proven difficult to predict in the first 12 weeks of the year, according to the Houston Association of Realtors® latest Weekly Activity Snapshot.

The National Association of REALTORS® Pending Home Sales Index rose for the third month in a row, suggesting the housing market’s contraction could be “coming to an end.” 

Demand for new homes remains strong throughout Houston, according to HomesUSA’s latest New Residential Sales Report.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 3.8% year over year in January, compared to a 5.6% annual gain in December.

The most expensive new listing in Texas is a record-breaking property.

The supply of new homes for sale ticked lower from February, according to government figures.

The annual rate of 4.58 million sales was up 14.5% from January but down 22.6% from the February 2022 rate of 5.92 million. 

Nationally, the week of April 16-22 is likely to provide sellers with the most favorable conditions for a successful sale of any week of the year, although the exact timing varies widely by market. 

Multifamily construction may have exceeded demand in Houston, according to Colliers’ latest report.

Month-over-month increases in rental costs have slowed across the country, but it’s still more expensive to rent a one- or two-bedroom apartment in Houston than it was last year.

A shortage of existing-home inventory is driving more people to the market for newly built homes. 

New listings are up 6.9% year over year, according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS®.

Increased mortgage rates have sidelined many would-be buyers, allowing inventory levels to increase. As a result, buyers can now “shop around” more than during the peak of the pandemic, putting the burden of concessions back on sellers.

Homebuilders expressed “cautious optimism” that the lack of existing inventory would drive demand for new homes despite high construction costs and interest rates, the National Association of Home Builders reported.