Current Market Data

Overall new-home construction rises in March despite slowdown in single-family

Single-family home starts declined compared to February, while new apartment construction was up, according to government statistics.

Builder confidence falls again as housing market faces ‘inflection point’

Builder sentiment has taken a hit from an unexpectedly sharp increase in mortgage rates and continued disruptions in the supply chain, according to the National Association of Home Builders’ monthly survey. 

When’s the best time to sell a home in Houston?

If you’re planning to sell your home this spring, get moving. A new report from Zillow says listing it on a Thursday in late April will reap you the greatest reward.

New listings slide back into negative territory after positive streak

After a much-needed boost last week, new listings plunged 10.3% year over year during the week ended April 11, according to the Houston Association of REALTORS® (HAR) weekly activity snapshot. 

Investor homebuying stalled dramatically in Q4 2021: a CoreLogic analysis

Investor activity showed early signs of slowing during Q4 of 2021, down from the historic highs seen in the second and third quarter, CoreLogic’s latest analysis reveals.

Houston home-buyers defy rising interest rates, limited inventory to boost March sales

The local real estate market in March remained in positive territory as consumers proved undaunted by rising mortgage interest rates and the record-low supply of homes across Greater Houston.

Is the pandemic-driven second home buying boom over?

Report finds buyers are backing off from buying second homes, but what’s causing the turnaround?

Houston home sales, new listings up in March

Spring selling season is off to a strong start in Houston, as home sales soared 23% in March compared to the previous month.

Is the real estate market starting to shift?

Surging mortgage prices deterring more buyers

How much space does $1,500 get you in Houston?

Our expectations and desires have shifted, with renters searching for more space — often at a higher price tag. But, according to a new study from RentCafe, you might be lucky in Houston.

Houston-area home prices climb 16.4% in 12 months, but growth expected to flatten out

CoreLogic predicts price increases to slow significantly by next spring in most metro areas, especially in Houston.

Housing prices top last summer’s highs, hit new record

With fewer people putting their homes on the market, prices continue to skyrocket.

Mortgage applications continue falling in latest weekly survey

The decrease comes as interest rates continue to climb, according to the Mortgage Bankers Association. 

Houston cost of living nearly six percent lower than national average

Houston’s housing costs are 18.6% lower than the national average, according to Rent.com. The overall cost of living is nearly 6% lower.

Two more years until inventory bounces back, experts say

Housing inventory should reach pre-pandemic levels by the end of 2024, according to the results of Zillow’s latest Home Price Expectations Survey. More than 100 market experts and economists weighed in to predict upcoming trends.

Pending-home sales down for fourth month in a row

“Buyer demand is still intense, but it’s as simple as ‘one cannot buy what is not for sale.” — National Association of REALTORS® chief economist Lawrence Yun  

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