Housing Scorecard
Existing home sales trended upwards in April, while inventory continued to drop. Builder confidence was up significantly compared to the early days of the pandemic.
Existing-home sales in Houston began to level off in March when compared with last year’s numbers. It’s marked change from February of this year, when the year-over-year change was up 26%.
This month’s Houston Agent Housing Scorecard would have been positive across the board had it not been for continued high unemployment and a shortage of housing inventory. See how the economic indicators looked, both locally and nationally, in this month’s report.