Current Market Data

CoreLogic: Home-price growth picks up speed in July

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

High housing costs dampen homebuyer demand

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

Solid gains for new listings in Houston

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

One in five millennials think they’ll never own a home

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

New and active inventory grow in Houston

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

Three of the fastest-growing college towns are in Texas

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

The 10 most expensive new listings in Texas

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

New listings jump slightly ahead of 2022 volumes in Houston

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

NAR: Pending-home sales post second monthly increase in a row

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

Case-Shiller: Home-price index just 0.02% off 2022 peak

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. 

‘Collapse’ of housing inventory drives price rebound

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

Closings up slightly in Houston

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

Half of all buyers are first-timers in 2023

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

Average new-home sales price edges higher in Houston

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 in Houston’s construction pipeline

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

NAR: Existing-home sales decline as median price remains above $400,000

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

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