Like summer temperatures, home prices across Houston continue to rise in most housing categories and geographic submarkets. Meanwhile, hopeful buyers are wishing for more options to fulfill the perfect fit due to low demand. As we reach deeper into summer, dips in home sales are not unexpected.
In the Houston region, for the week ending June 19:
• New Listings increased 15.0% to 2,849
• Pending Sales increased 17.6% to 2,050
• Closed Sales decreased 1.0% to 1,864