Residential real estate activity nationwide has remained robust throughout the summer months so far. New listing and sales activity may not always land exactly where desired or expected from week to week, but it is clear by gradually increasing prices and ongoing low inventory that buyer demand has not weakened.
In the Houston region, for the week ending July 23:
- New Listings increased 10.8% to 3,250
- Pending Sales increased 10.9% to 2,111
- Closed Sales increased 2.6% 1,841