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February 19, 2022
Fulshear Pic

HOUSTON REAL ESTATE STARTS 2022 STRONG

Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 47,000 REALTORS® HOUSTON REAL ESTATE KICKS OFF 2022 WITH A SOLID PERFORMANCE The $1M+ housing segment dominates January sales, home prices continue to rise, and inventory remains low HOUSTON — (February 9, 2022) — The Houston real estate market charged into the new year carrying the positive momentum it sustained throughout 2021, with the strongest sales activity at the highest end of the pricing spectrum because there is little to no inventory available below the midrange. With an inadequate supply of new listings to […]
February 19, 2022
Old Katy Water Tower

HOUSTON HOUSING ACHIEVES NEW SALES RECORDS

Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 47,000 REALTORS® HOUSTON HOUSING PLOWS THROUGH THE SECOND YEAR OF A PANDEMIC TO ACHIEVE NEW SALES RECORDS Despite the ongoing health crisis, historically low inventory and rising home prices, consumer demand for housing kept the Houston market buzzing HOUSTON — (January 12, 2022) — The second year of a global pandemic, dwindling inventory, building supply and labor shortages that slowed home construction, and rising home prices could not prevent the Houston real estate market from turning 2021 into a record year. Consumers never eased […]
February 19, 2022

NO THANKSGIVING BREAK FOR HOUSTON HOUSING

Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 47,000 REALTORS® THERE’S NO THANKSGIVING BREAK FOR HOUSTON HOUSING   The $500K to $1M segment leads the way in another strong month of home sales HOUSTON — (December 8, 2021) — Despite the Thanksgiving holiday, Houston housing never skipped a beat in November as buyers steered the market through positive territory even as inventory hovered at historically low levels. Renters also brought much-needed business back to the lease market following slight declines in October. According to the Houston Association of Realtors (HAR) November 2021 […]
February 19, 2022

HOUSTON’S HOME SALES EASES IN OCTOBER

Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 47,000 REALTORS® HOUSTON’S FRENETIC PACE OF HOME SALES EASES IN OCTOBER Despite the second sales decline of the year, 2021 is still tracking at record levels  HOUSTON — (November 10, 2021) — Along with the first notable cold front of the fall season, October delivered the inevitable to a hot Houston real estate market: cooling sales. Buyers weary of limited housing inventory apparently stepped back in October, which became the second month of 2021 to experience a decline in home sales. The first was […]
February 19, 2022

HOUSTON HOUSING REMAINS ON TRACK FOR A RECORD YEAR

Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 47,000 REALTORS® HOUSTON HOUSING REMAINS ON TRACK FOR A RECORD YEAR September housing indicators hold to positive territory heading toward the final quarter of 2021 HOUSTON — (October 13, 2021) — Despite persistently low inventory, buyers kept the Houston real estate market humming once again in September, positioning it for a record finish by the time the books close at midnight on December 31. According to the Houston Association of REALTORS (HAR) September 2021 Market Update, single-family homes sales rose 1.5 percent versus […]
February 19, 2022
Katy Homes

HOUSTON REAL ESTATE SHOWS STRENGTH AND STABILITY IN AUGUST

Multiple Listing Service of the Houston Association of REALTORS® includes residential properties and new homes listed by 47,000 REALTORS® HOUSTON REAL ESTATE SHOWS STRENGTH AND STABILITY IN AUGUST After a down July, sales return to positive territory, housing supply improves  and prices moderate while continuing to best last year HOUSTON — (September 8, 2021) — After the Houston housing market’s 13-month run of positive sales was abruptly interrupted in July, August saw a return to increased sales volume with inventory levels improving and prices showing signs of moderation while remaining higher than last year. These trends were facilitated by an influx of […]
August 15, 2021

HOUSTON HOME SALES SHOW NO LET-UP IN JULY

HOUSTON HOME SALES SHOW NO LET-UP IN JULY, DESPITE WHAT THE NUMBERS SAY Sales appear to be down because of a surge in delayed transactions that closed last July HOUSTON — (August 11, 2021) — By the numbers, Houston-area home sales were down this July compared to last. However, that is because COVID-related home closing delays during Q2 2020 finally pushed through that July as most of the pandemic lockdowns were lifted. The resulting surge of pent-up sales cemented July 2020 in the real estate history books as a record-setting month that could not be rivaled by the rapid-fire pace of […]
July 21, 2021
Firethorne Home for Sale

HOUSTON’S REAL ESTATE BUYING BLITZ PERSISTS IN JUNE

Consumers continue to snap up homes despite tight inventory and record prices  HOUSTON — (July 14, 2021) — Houston real estate held to record territory in June with buyers continuing to seize upon historically low interest rates as they purchased homes from among a limited supply. Despite the strong buying activity, the pace was slightly slower in the year-over-year comparison. According to the latest Houston Association of Realtors (HAR) Market Update, single-family homes sales were up 13.6 percent compared to last June, with 10,638 units sold versus 9,362 a year earlier. That becomes the market’s thirteenth consecutive positive month of sales. […]
June 21, 2021
Katy Homes

HOUSTON HOUSING BLAZES ITS WAY THROUGH UNCHARTED TERRITORY IN MAY

HOUSTON HOUSING BLAZES ITS WAY THROUGH UNCHARTED TERRITORY IN MAY Limited inventory cannot stop the buying frenzy among consumers still taking advantage of low interest rates HOUSTON — (June 9, 2021) — Houston area home sales set new records in May as consumers took advantage of historically low interest rates in snapping up an ever-dwindling supply of properties for sale. What resulted was a nearly 50 percent jump in sales volume compared to the same month last year, when real estate was still in the process of recovering from coronavirus-related lockdown orders. Limited supply, strong buyer demand and increased construction costs […]