Texas’ New-Home Market Still on Top - trerc.tamu.edu

Jan 2, 2025 · Even though Texas remains competitive, it has been losing its edge in the new home market. In 2020, Texas’ average permit value was $221,176, which was at the bottom of the top five list. Since 2021, permit value growth has been between 6 to 7 percent per year.

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Texas’ New-Home Market Still On Top - Trerc.tamu.edu

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Texas Realtors: Median Home Prices Stable, Though Most Metros …

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Oct 24, 2024 · AUSTIN – Median home sales prices were up in 17 Texas metro areas and down in nine during the third quarter, while the overall statewide median price of $340,000 was …

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Top Three Texas New Home Markets – Houston, Dallas, And San

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Jan 23, 2025 · December year-over-year pending new home sales in the four largest Texas markets are still up 10% (December 2024 versus December 2023). ... as America’s top real …

globenewswire.com

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Top Three Texas New Home Markets - Yahoo Finance

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Jan 23, 2025 · December year-over-year pending new home sales in the four largest Texas markets are still up 10% (December 2024 versus December 2023). Chart 4: Texas New Home …

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Texas Median Home Prices Remain Stable, Though Most Metros …

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Oct 22, 2024 · Median home sales prices were up in 17 Texas metro areas and down in nine during the third quarter, while the overall statewide median price of $340,000 was unchanged …

texasrealestate.com

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Texas New Home Market Remains Robust As Sales Climb Again

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May 18, 2023 · Caballero also notes that in Texas’ four top markets, the 3-month moving average new home prices rebounded last month was $451,868 versus $449,603 in March. ... Chart 2: …

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New Homes Sales In Texas Are Up 12% Year-over-year

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Dec 23, 2024 · However, year-over-year pending sales of new homes overall in these Texas markets are still up over 14.6%. Texas’ new home inventory was relatively flat in November in …

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Texas Is The Fastest-Growing State In The U.S.—and Now The Race …

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1 day ago · Consequently, in the past two years, the share of new builds on the Texas market priced below $350,000 has increased, while the shares of new builds priced from $350,000 to …

realtor.com

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Texas Real Estate Market: Predictions For 2025 - Houzeo

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Jan 27, 2025 · Texas Housing Market Predictions 2025. Here are the predictions for Texas’s housing market in 2025: Number of Home Buyers Will Increase: Higher inventory and homes staying for long in the market will bring home shoppers back to the market. Interest Rates are Expected to Drop: Mortgage rates hit 6.34%. NAR predicts the average interest rate will drop …

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Texas Is Building More Houses Than Any Other U.S. State, …

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1 day ago · Texas is a proven leader in the push to build more affordable new homes, and in the last two years, the share of new builds on the market priced under $350,000 has increased …

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FAQs about Texas’ New-Home Market Still on Top - trerc.tamu.edu Coupon?

Is the Texas real estate market a new normal?

After years of unprecedented home-price growth and intense competition among buyers, the Texas real estate market has settled into a new normal. And it favors buyers more than sellers. Over the past year, housing markets across Texas have experienced a significant increase in the number of homes for sale. ...

What happened to Texas new home prices in December 2024?

Chart 3: Texas New Home Sales Prices – December 2024 The average price for a new home last month brought good news to home buyers: the 3-month average new home price in the combined top four markets dropped in November to $422,624 versus $428,101 in October, according to the newest monthly Texas New Home Sales Report released today by HomesUSA.com. ...

Where did Texas' new home sales go in December?

Texas’ December new home sales were higher in Houston, Dallas, and San Antonio but were off slightly in Austin. According to the 3-month moving average of Texas’ four largest markets, sales were 6,083 in December versus 5,792 in November. It was the first time since June 2024 that the monthly average new home sales topped 6,000. ...

What will the Texas housing market look like in 2025?

Here are five data-supported predictions for the Texas housing market in 2025: 1. Home buyers will have more properties to choose from. Let’s start with some good news for home buyers in the Lone Star State. Statewide, the number of active real estate listings in Texas has increased steadily over the past year. ...

Are new home prices lower in Texas?

New home prices in Texas were lower statewide and in all four of its major new home markets. The 3-month moving average of new home sales prices statewide last month was $460,083 versus $463,514 in December. The average new home price was lower in Houston, Dallas-Ft. Worth, Austin and San Antonio. ...

Will the Texas real estate market continue in 2025?

Prediction takeaway: The Texas real estate market has more homes available for buyers these days, and that trend could continue into 2025. That would make it easier for buyers to find a suitable property within their budgets. 2. Home prices in most cities will remain flat or rise modestly. ...