Single-family home sales fell 30.4% year-over-year in November, according to the latest Houston Association of REALTORS® Market Update.

According to an analysis from real estate website Point2Homes, Houston renters do not make enough money to purchase starter homes.

The 30-year fixed-rate inched to 6.42%, which is still close to the lowest rate in a month, the group said. 

An Axios analysis of Houston homes on Zillow shows that prices are still rising, especially in the suburbs.

Homes are lingering on the market longer, up 15% from last year during the four weeks ended Dec. 4, marking the largest uptick in home supply since 2015.

A report from Realtor.com shows that many areas that experienced substantial growth during the pandemic are now posting some of the country’s steepest price reductions.

During the week, Realtors entered 2,361 properties into the Multiple Listing Service, a slight increase from the 2,297 properties entered the same week in 2021.

A report from Redfin shows that 29% of single-family homes for sale in the U.S. were new constructions in the third quarter of 2022.

Per HAR’s report, new listings are down 4.7% year-over-year. However, the number of active available listings has increased by 68.7% since November 2021.

Homebuyer demand is rising as mortgage rates continue to decline, according to a new Redfin report.

Condominium and townhome sales have stabilized in Texas, according to the Texas REALTORS® 2022 Texas Condominium Sales Report.

New residential listings continued to trail last year’s numbers in the most recent Weekly Activity Snapshot from the Houston Association of REALTORS®.

Data from the PEW Trust shows that investment companies make up approximately a quarter of the entire single-family home market across the U.S.

October’s 4.6% monthly drop follows a 10.2% decline in September, the National Association of REALTORS® reported. 

Housing prices were down in all 20 cities tracked by the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

New-home sales rose 7.5% month over month, while the median price of a new house surged to $493,000 from $455,700 in September and $427,300 a year ago, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.