Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said. 

Three Texas metros have been named among the best cities in the U.S. for multifamily real estate investment in the first half of 2023, according to CONTI Capital.

The Houston Association of REALTORS® latest report of the most expensive homes sold in Houston details the 10 priciest closed sales during the months of January.

The 30-year fixed rate fell for the fifth week in a row, giving a lift to lending activity, the Mortgage Bankers Association said. 

Multigenerational homes are defined by NAR as homes where families live under the same roof with grandparents, adult children or other extended family members.

Bellaire, Tiki Island and Fulshear top the list, according to Stacker.

NAR used change-of-address data from the U.S. Postal Service and net migration data from the U.S. Census Bureau to determine which states had the highest rates of influx and outflow in domestic migration.

Homebuyers can now afford $400,000 homes with $2,500 monthly budgets for the first time in four months, according to a new report from Redfin.

Despite incremental increases in new listings throughout January, new listings fell 10.7% below 2022 levels in the fourth week of January.

The most expensive listing of the month was listed by Frada Sandler of Dave Perry Miller Real Estate.

The median sales price of a new home was down on a monthly basis but up on an annual one. 

Off-market listings are up 77.2% over January 2022 levels.

House prices, however, continued to rise, marking the 130th consecutive month for price gains, the longest streak on record, the National Association of REALTORS® said.   

A new report from Texas REALTORS® shows that million-dollar home sales increased in Texas from 2021 to 2022.

The increase in builder confidence breaks a string of 12 straight monthly declines in the NAHB/Wells Fargo Housing Market Index. 

Single-family home sales amounted to 95,113 in 2022, which is nearly an 11% decrease from the amount sold throughout 2021. That marks the first year of declining sales since 2015.