Houston Weekly Market Movements

The start of a new year often creates a desire to resolve to do something different. Weight loss through a combination of regular exercise and healthy eating is often at the top of the list, followed by learning a new skill, quitting smoking, reading more, spending more time with loved ones, getting more organized, traveling and saving money. Annual evidence indicates that a bump in listing and buying activity also occurs each January, which appears to be the case again in 2019 for much of the country.

Picture1.png

In the Houston region, for the week Ending January 6:

• New Listings decreased 9.1% to 1,907

• Pending Sales increased 6.0% to 1,142

• Closed Sales increased 61.0% to 1,085

Source: Har.com