Current Market Data
The Dallas-Fort Worth suburb of Southlake ranked at No. 1 on StorageCafe’s list, scoring particularly well in local business environment.
Houston listings grew 37.1% from last year.
There were 19,861 properties in the Multiple Listing Service last month, tracking well ahead of the 13,742 properties seen in May 2022.
New, pending and closed listings are down in Houston — but consumer traffic at showings indicates that there is still significant consumer demand in the Houston market.
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.
The number of Houston sellers making concessions to buyers is up from last year.
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.
Despite solid demand, a dearth of homes for sale kept transaction numbers muted in the association’s most recent report on pending sales.
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®.
A shortage of existing inventory continues to drive buyers to new construction.
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 increased in April, according to the New Home Sales report from HomesUSA Chief Executive Officer Ben Caballero.
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.
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 continued to trail 2022 volumes in the week ended May 15, according to the Houston Association of REALTORS® Weekly Activity Snapshot.
Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market.
