Following two months of positive gains, new Houston listings edged slightly downward in July, while active listings surged nearly 40%.

Houston is home to two of the Lone Star State’s 10 most-expensive single-family listings in July.

New listings struggled to maintain momentum last week as the volume of newly listed homes fell across Greater Houston.

“Housing data for May 2022 continued strong, as price gains decelerated slightly from very high levels,” Craig J. Lazzara, managing director at S&P DJI, said.

While Greater Houston’s luxury market saw its first decline in two years in June, there is no shortage of $1 million-plus homes in the metro. According to LendingTree, 2.4% of Houston homes are worth $1 million or more.

Three Greater Houston ZIP codes are among the hottest for real estate in the country, according to a recent analysis by Opendoor.

Johnson Development has been named Developer of the Year for a second time in three years by the Texas Association of Builders during its annual Star Awards.

Robert Charles Lesser & Co. ranked Sunterra the eighth-best-selling master-planned community in the U.S., while Marvida secured No. 20.

Real Estate Consulting ranked the 50 top-selling master-planned communities during the first half of the year, and 13 Houston-area developments made the list. 

Phoenix-based Inspire Communities recently announced plans to expand its Houston presence with two new development projects, including the re-development of an existing manufactured home community on the shores of Trinity Bay.

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. 

Located in Hockley, minutes away from the Clubs at Houston Oaks, Stallion Lakes will feature one- and two-story houses built on oversized lots ranging from 1.5 to more than 3.5 acres.

A recent StorageCafe housing trends report found that mid-sized cities in Arizona and Texas lead the U.S. for premier apartment living. Of the country’s 100 biggest cities, four in Texas, including Houston, made the list of the top 20 cities for high-end apartment living.

The Woodlands and Bridgeland have earned LEED precertification by the U.S. Green Building Council, becoming the first master-planned communities in Texas to achieve this status.

Elliman Showroom is a personal assistant platform that aims to streamline the move-in process for homebuyers.

About 14.9% of home-purchase agreements nationwide fell through in June, the highest percentage in more than two years.