Houston Housing and Real Estate Market Statistics

September 13, 2020
Katy Home

HOUSTON REAL ESTATE REGISTERS STRONG AUGUST PERFORMANCE

HOUSTON — (September 9, 2020) — Following a July that vaulted Houston real estate into the record books, August proved to be another healthy month for home sales despite the lingering coronavirus pandemic. The high end of the market staged the strongest performance, pulling up overall pricing along the way. However, with a decline in the number of listings for sale coming on the market, inventory has now fallen to its lowest level in five years, setting the stage for moderating sales in the weeks ahead despite historically low interest rates. According to the latest Houston Association of Realtors (HAR) Market […]
August 14, 2020

JULY HOME SALES ACROSS HOUSTON

JULY HOME SALES ACROSS HOUSTON REACH RECORD TERRITORYSales volume and pricing soar to new highs as pent-up demand from COVID-19 heats up Houston housing for a second straight month   HOUSTON — (August 12, 2020) — A continued surge in closings from homes that went under contract after the lifting of COVID-19 stay-at-home measures propelled Houston real estate into record territory in July – surpassing June’s stronger-than-expected performance. However, a dwindling supply of homes caused by the burst of homebuying and home sellers holding back amid the ongoing COVID-19 crisis will make it difficult to keep up with the strong buyer demand. According to […]
July 23, 2020
Katy Homes

HOUSTON HOME BUYERS PUMP UP THE VOLUME IN JUNE

Pent-up demand resulting from COVID-19 boosts home sales for Houston home buyers, providing a welcome, but possibly brief respite from the pandemic’s effects HOUSTON — (July 8, 2020) — A flurry of homes going under contract in May after COVID-19-related stay-at-home orders expired led to a surge of closings in June, driving home sales volumes back up to levels considered more normal for summertime for Houston home buyers – and even beyond 2019’s record pace. However, renewed coronavirus concerns, stemming from a spike in cases across greater Houston and in other parts of Texas, may bring this taste of normalcy […]