April Marks Another Positive Month for Houston Home Sales

Consumers kept the Houston real estate market humming in April, with single-family home sales and pricing experiencing another month of gains and housing inventory reaching the highest level since last August. The strongest growth in sales activity took place among homes priced from $750,000 and above (considered the luxury market), followed by homes in the $250,000 to $499,999 range. For the luxury market, which took the brunt of the energy

Houston Home Sales Blossom in March

The Houston real estate market’s 2017 winning streak continued in March, as single-family home sales and pricing rose while housing inventory grew. The strongest sales activity took place among homes in the $250,000 to $499,999 range, followed by the luxury market ($750,000 and above), which recorded its fifth consecutive month of sales gains. Inventory levels expanded from a 3.5-months supply to 3.8 months. A total of 7,013 single-family homes sold

Houston Home Sales and Pricing Rise Again in February

Homes at $250K and up record strongest sales; inventory grows slightly The Houston real estate market held to positive territory for the second month of 2017, with single-family home sales and pricing both climbing in February. Homes priced at $250,000 and above saw the strongest sales volume, and the luxury market ($750,000 and above) enjoyed a fourth consecutive month of positive sales. According to the latest monthly report prepared by

The Houston Real Estate Market Launches 2017 in Positive Territory

The Houston housing market carried its positive momentum from 2016 into the new year, with single-family home sales and pricing both on the rise in January. Homes priced between $500,000 and $750,000 showed the strongest sales activity, and the luxury market ($750,000 and above) enjoyed its third consecutive month in the black, reflecting resistance to any lingering effects of the ailing energy industry. According to the latest monthly report produced

Houston Home Sales Achieve Record Volume in 2016

Houston real estate conquers energy slump to complete its strongest year ever Despite  the slowdown that economists predicted as falling oil prices and resulting energy industry layoffs carried over from 2015, the Houston housing market held steady throughout 2016 and gained momentum in the final months of the year to set a new record for home sales. Homes priced at $500,000 and up, which experienced declining sales from August 2015