National trends can often reflect what occurs in our local residential real estate. Compared to June, the unemployment rate has remained the same according to the U.S. Bureau of Labor Statistics. Housing starts are lower nationwide, even as consumers continue to buy home goods.
In the Houston region, for the week ending July 15:
New Listings Pending Sales Closed Sales
- New Listings decreased 1.6% to 3,329
- Pending Sales increased 18.1% to 2,232
- Closed Sales decreased 3.1% to 1,774