After a tough few days of torrential rains and flooding last week, the Houston housing market is getting itself back on track, just in time for the approaching summer sales season. We are also benefitting from steady growth in inventory. Here is the latest snapshot of local housing trends.
In the Houston region, for the week ending April 17:
• New Listings increased 8.0% to 2,882
• Pending Sales increased 21.7% to 2,315
• Closed Sales decreased 7.4% to 1,466