Current Market Data
This was the fourth week in a row of declines, leaving prospective buyers hopeful for sustained low rates throughout spring homebuying season.
One of the best ways sellers can make their home stand out in today’s market is by upgrading their space with luxury renovations and amenities.
Realtors added more new listings to the MLS during the week ended April 3 than they did during the same time period in 2022.
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.
