Houston Market Movements - Week of 8/7

It's the start of August, which during this time usually means making plans for the start of a new school year. For potential home buyers around the country with school-aged children, these are the pivotal days for deciding whether to purchase or wait. Let’s take a look at the local trends.

For Week ending 7/31:
• New Listings decreased 5.9% to 2,742
• Pending Sales increased 15.0% to 2,069
• Closed Sales decreased 7.6% to 2,368

Source: HAR