Houston Market Movements - Week of Feb 6th

While the winter months are typically a slower time for the U.S. housing market, the beginning of each new year tends to bring a renewed interest in moving or buying. The annual January resolution effect is in full swing so far in 2017. Prices are increasing, purchase agreements are being signed, demand remains strong.

  • New Listings increased 1.8% to 2,450
  • Pending Sales increased 19.6% to 1,799
  • Closed Sales decreased 32.6% to 1,067

Source: Har