Houston Market Movements - Week of the 7th

For the first time in almost three years, the share of first-time home buyers rose nationally as we enter the fourth quarter of the year. This is primarily due to the overall healthy job growth, therefore to keep the trend going we will need to see more homes enter the market.

  • New Listings increased 5.3% to 2,235
  • Pending Sales increased 17.4% to 1,719
  • Closed Sales decreased 8.8% to 1,770

Source: HAR