Blog
News & Blogs
Latest News Feeds
Recent Post
Houston Home Sales in October Rise Year Over Year.
October single family home sales rose over 12% in 2024 versus October 2023. Pending home sales versus last year are up over 23%, a great sign for the Houston real estate market. View more details in the video.
Houston Has Strongest New Home Market in Texas
According to a recent report by John Burns Consulting, Houston has the strongest new home sales market in Texas. The Houston market is rated as “normal” relative to new home buyer traffic, better new home sales, and overall housing sentiment. Pricing is a bit weaker than normal but buyer demand appears to be solid.
Dallas, Austin and San Antonio are all rated as “slow” as affordability is the major hurdle and buyer incentives are still necessary in most new home subdivisions.
Migration has slowed the last couple of years but is still driving new housing demand. 47% of agents expect prices to weaken while 13% expect prices to increase. Click here for the full report.
Houston leads the state in new homes for sale and new homes sold.
HomesUSA.com reports Days on Market, and prices flatten as inventory jumps 2%
Ben Caballero, founder and CEO of HomesUSA.com
Chart 2: Texas New Home Sales Market – August 2024
View the full article with more charts >
Apartment sales fall to 2011 levels, but DFW bucks the trend.
Apartment sales fell to 2011 levels in the first half of 2023, but Dallas – Fort Worth bucked the trend, with over 30,000 units sold. Remarkably, Dallas – Fort Worth sold twice as many apartment units as second place Houston, and leads the nation with 70,000 apartments under construction. See the full story in the Dallas Morning News.
