Multifamily construction, meanwhile, rose on a monthly basis. 

Agents from COMPASS, Greenwood King Properties and Nan and Company Properties were responsible for listing and selling the top three most expensive homes in greater Houston last month.

Houston households only needed to make an annual salary of $98,400 to afford monthly mortgage payments on the median-priced home.

Homeowners and buyers will prioritize nostalgic, old-world design sensibilities juxtaposed with modern sustainability technologies next year, according to Zillow.

Experts were asked to rate markets in categories such as investment potential and development opportunities.

The hottest Houston-area community of all is Brookshire, located approximately 40 miles west of downtown.

Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.      

A growing number of renovating homeowners now classify their primary bathroom as a “wet room,” according to the 2024 Houzz Bathroom Trends Study.

At the same time, days on market increased, and housing starts declined.

Agents added 3,096 properties to the MLS, up from 2,701 properties during the same week in 2023.

Sustainability and housing affordability are on the top 10 list.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs. 

New-home prices, meanwhile, were mixed among the state’s largest cities, according to the latest report from HomesUSA. 

The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Sales slid 1% compared to August, the National Association of REALTORS® said. 

Agents added 3,197 properties to the MLS, up from 2,626 properties during the same week in 2023.