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NAR: Existing-home sales continue slide in June 

At the same time, the median existing-home price rose 13.4% year over year to $416,000. 

Houston housing inventory jumps as home sales fall in RE/MAX survey 

Nationwide, sales hit their highest level of the year, rising 4.7% from June but falling 17.6% on a year-over-year basis, RE/MAX said. 

NAHB: Builder confidence falls for seventh consecutive month in July

July saw the NAHB/Wells Fargo Housing Market Index post its second-largest monthly drop ever, as worries about housing affordability dampened builder sentiment. 

Housing inventory rebounds at record rate in largest metros, and Houston is on trend, Realtor.com reports

The number of homes available to buyers climbed 18.7% in June, the sharpest year-over-year increase in the history of the report.

The South shows strongest price, according to new S&P CoreLogic Case-Shiller Index

What does the latest S&P CoreLogic Case-Shiller Index reveal about Houston real estate?

Pending-home sales post surprise increase in May 

The increase ends a six-month string of monthly declines, the National Association of REALTORS® said.

Surprise surge in new-home sales in May as median price falls 

New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.  

Median existing-home price tops $400,000 for first time in May 

Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®. 

Houston No. 4 nationally for iBuyer service home sales

Houston was fourth on the list with 844 iBuyer home sales in the first quarter, accounting for 3.5% of home sales in the market.

Housing demand expected to return to pre-pandemic levels

Realtor.com’s updated 2022 forecast sees housing demand returning to pre-pandemic levels.

RE/MAX: Home sales fall 8.5% year over year in May

The number of homes for sale in May rose 16.3% month over month and 2.2% year over year. Months’ supply of inventory rose to 0.9 from 0.8 in April and fell from 1 in May 2021. 

Housing starts plunge in May amid uncertain economic conditions 

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

Houston home prices show no signs of slowing in March S&P CoreLogic Case-Shiller Index 

Nationally, the index posted its highest annual increase ever.

Home prices decelerate, as the housing market downshifts

With affordability reduced, some buyers are pulling back from the market forcing sellers to adjust their price expectations.

Pending-home sales fall to 10-year low 

Nevertheless, home prices are expected to continue rising through the end of the year, according to the National Association of REALTORS®. 

New residential sales fall in April as home prices, mortgage rates continue to climb 

The rate of new single-family home sales fell 16.6% from March’s revised number, while the median sales price jumped to $450,600 from March’s revised median house price of $435,000. 

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