Current Market Data

National home prices see first monthly drop since January 2019, S&P CoreLogic Case-Shiller Index shows

Home prices showed a month-over-month deceleration from June to July, the first such drop in three and a half years.

NAR: 2022 Member Safety Report for residential real estate

While 23% of residential Realtors claim they have feared for their safety while on the job, 98% reported that they have never been the victim of a crime while at work.

NAR: High mortgage rates bring third monthly decline in pending-home sales

The National Association of REALTORS® expects existing-home sales to close 2022 15.2% lower compared to 2021, thanks to economic uncertainty and rising mortgage rates. 

HAR: New and pending listings still trail behind 2021

Despite a slight rebound last week, new listings have again decreased compared to last year.

Bidding wars fall to lowest level since April 2020

In Houston, 36.7% of Redfin offers faced competition in August

New-home sales post unexpected rebound in August

Sales of new homes in the U.S. jumped 28.8% between July and August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

Houston named one of the most popular cities to move to during the first half of 2022

Houston had one of the highest ratios of people moving in vs. those moving out during the first half of the year, a recent analysis found. 

New home sales, prices peak in Houston

New home sales and prices in Houston have hit a “peak,” according to HomesUSA.com CEO Ben Caballero.

HAR: Single-family rentals still in high demand in August

Single-family home rentals have increased 19.2% year over year, according to the Houston Association of REALTORS®’ August 2022 Rental Market Update.

HAR: New listings are up, but closings are still down

New listings are finally up in August, according to HAR’s Weekly Activity Snapshot.

Houston ranks 2nd in the nation for low cost of living

Among the 20 most populous metropolitan areas in the United States, Houston ranks 2nd when it comes to cities with the lowest cost of living.

NAR: Existing-home sales fell in August while prices rose

The median existing-home price for all housing types in August was $389,500, a 7.7% rise from the year before. 

Houston ranks 3rd in the nation for best “bang for the buck”

When it comes to getting the “most bang for the buck,” Houston ranks third in the country, according to a report from the residential real estate platform Home Bay.

NAR: Charitable giving by REALTOR® associations increased 20% in 2021

The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.

Housing starts surprise to the upside in August

New-home construction posted a 12.2% month-over-month increase in August, thanks in large part to a significant jump in multifamily building.  

RE/MAX: August sales indicate a rebalancing of the housing market

Data from the RE/MAX National Housing Report suggests the housing market is on its way to rebalancing.

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