Houston Market Movements - Week of the 28th

With the holiday season in full swing, existing home sales rose nationally for the second straight month, to the highest they have been since 2007. Also, prices are also at record highs and inventory continues to shrink. As both incomes and employment figures improve, it would be great to see sales trend higher through to the end of the year.

  • New Listings increased 5.1% to 2,111
  • Pending Sales increased 24.1% to 1,780
  • Closed Sales increased 13.6% to 1,568

Source: Har