Total Texas housing sales increased for the second consecutive month, rising 5.1 percent to exceed 38,600 seasonally adjusted transactions. Historically low mortgage interest rates contributed to robust demand, pulling the state’s average days on market to a record low of…
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Total Texas housing sales continued to fall in May, but the decline slowed to a 2.1 percent monthly decrease. Nonetheless, the inventory of homes for sale fell to a record low of 3.2 months, possibly due to owners pulling their…
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Please note this review does not account for the impacts of the COVID-19 outbreak but reflects the market through February 2020. Prior to the domestic coronavirus outbreak, Texas housing sales increased 2.3 percent in February during healthy economic conditions and…
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