Houston Market Movements - Week of Feb 13th

According to a recent Gallup poll, this is the first time in over 15 years that a majority of Americans are optimistic about finding a quality job. This is great news for the entry-level housing market, as job growth and improved wages fuel demand for home purchases. Rentals have also been on the rise, which is another factor that puts the entry-level market in strong demand.

  • New Listings increased 2.6% to 2,725
  • Pending Sales increased 21.0% to 1,948
  • Closed Sales increased 62.4% to 1,380

Source: Har