The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

The priciest Houston home sold in December was a nearly $12 million mansion in River Oaks Country Club Estates.

New listings towered over 2023 volumes in the first week of 2024, according to the latest Weekly Activity Snapshot from the Houston Association of REALTORS®.

Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.

Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.

With mortgage rates dropping to their lowest levels in almost a year, house hunters are returning to a market that many had shied away from in 2023.

CoreLogic expects prices to continue to grow through the year.

“The expanded housing inventory and moderation in pricing we saw throughout 2023 have created a positive buying landscape for 2024,” said HAR Chair Thomas Mouton.

Homeowners in Sugar Land are among the most “house rich” in the United States, according to a new report from All Star Home.

Cypress (77433) came in first overall — the Houston-area ZIP jumped up seven spots from 2022’s list, making it the hottest area in the U.S.

New listings surpassed 2022 volumes in the last week of 2023, according to the Weekly Activity Snapshot from the Houston Association of REALTORS®.

The average listing price fell to $420,793, a slight decrease year over year. That figure is still significantly lower than the all-time high of $441,748 seen in May 2023.

The most expensive new listing in the Lone Star State carries a price tag of nearly $50 million.

Falling mortgage rates and more inventory could mean an improvement in housing affordability in the new year.

New listings again surpassed 2022 volumes during the 50th week of the year, according to the latest Weekly Activity Snapshot.

Amid the first positive month of home sales in 19 months, the Houston rental market showed strong activity in November.