Houston Market Movements - Week of April 3rd

National housing affordability has clearly become an issue for some buyers during the first quarter of 2017, as prices continue to rise amidst strong demand. Even so, pending sales figures have generally remained positive across the nation. A better balance between high-price inventory and starter homes being sold would be the most beneficial situation for the marketplace.

  • New Listings increased 21.0% to 2,953
  • Pending Sales increased 28.4% to 2,223
  • Closed Sales increased 1.6% to 1,457

Source: Har