Current Market Data

Case-Shiller: Home-price declines ‘may have come to an end’

A second consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index could indicate a reversal of the negative trend that began last year. 

Sellers making concessions to buyers has doubled since 2022

The number of Houston sellers making concessions to buyers is up from last year.

The top 10 most expensive new listings in Texas

Lots of luxury homes have sold in the Lone Star State in the past month — the most expensive being a 16-bedroom mansion in the Crespi Estates subdivision in Dallas.

NAR: Limited supply keeps pending-home sales flat in April

Despite solid demand, a dearth of homes for sale kept transaction numbers muted in the association’s most recent report on pending sales. 

Property showings surge ahead of year-ago and pre-pandemic levels

Traffic at property showings has increased both year over year and from 2019, according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS®.

New-home sales rise for fifth month in a row

A shortage of existing inventory continues to drive buyers to new construction. 

Fewer first-time homebuyers in Texas

First-time homebuyers made up less than a quarter of all buyers during the time period from July 2021 to June 2022. That’s down from 32% a year ago 39% a decade ago.

New home sales up in Houston

New home sales increased in April, according to the New Home Sales report from HomesUSA Chief Executive Officer Ben Caballero.

Houston ranked one of the top cities in the nation to buy vs. rent

Houston is among 18 of the 50 largest U.S. cities where it’s better to buy a home than rent one, according to a new analysis. 

NAR: Existing-home sales and days on market slide in April

Multiple-offer situations have returned with the spring buying season while distressed and forced sales are “virtually nonexistent,” the National Association of REALTORS® said.

New listings still down in Houston

New listings continued to trail 2022 volumes in the week ended May 15, according to the Houston Association of REALTORS® Weekly Activity Snapshot.

Single-family starts rise in April

Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market. 

Builder confidence rebounds in May on tight existing inventory

Homebuilder optimism was buoyed by continued shortages of new housing inventory, the National Association of Home Builders reported. 

The spring market is a seller’s market as demand rises, supply remains low

Houston’s April average home value rose from March, while pending sales fell.

The 10 most expensive homes sold in greater Houston in April

Check out the most expensive luxury homes sold last month, as well as the agents who helped their clients sell (or find their dream home).

Perception of a seller’s market fails to deter younger buyers, new study finds

Homebuyers in their 40s and younger are still planning to buy homes, even though most believe the market favors homesellers.

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