Nationally, the median list price slipped 2.4%, marking the eighth month in a row of declines. 

The uptick was driven by a slight dip in mortgage rates. 

S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the 11th month in a row. 

Home sales in the 51 metro areas surveyed by REMAX rose 7.9% month over month and slid 0.5% year over year. 

The increase was driven by refinancing activity as purchase applications dipped. 

May brought a flurry of activity to the Houston market as new-home sales surged to 2,169, up from 1,958 the month prior, according to the latest data from HomesUSA.com.

It may be impossible for fans to put a price tag on the joy of attending a once-in-a-lifetime World Cup match hosted in their hometown.

The 3.8% month-over-month gain was almost four times what industry observers were expecting. 

May’s priciest Houston-area home sale was a $10.5 million estate built just last year.

Inventory rose 3.3% month over month and 0.6% year over year to 1.55 million homes, which equals a 4.5-month supply of unsold inventory, NAR said. 

Nationwide, it takes six years to break even on homeownership, down from an all-time high of 8.4 years in 2023.

Amid what Realtor.com called the most active spring in years, the housing market is finding a new equilibrium.

Looking ahead, Cotality expects home prices to rise 5.3% between April 2026 and April 2027. 

Curious about the nearby beach-home market in Galveston? These are the most expensive property sales from the first quarter.

The median sales price of new homes sold in April rose 8% to $422,500 from $391,100 in March, the U.S. Census Bureau and the Department of Housing and Urban Development reported.

All but one of the most expensive new listings in Texas in May were located in the Dallas-Fort Worth area.