John Virden

Keller Williams Memorial

950 Corbindale Rd., Suite 100
Houston, TX 77024


Cell: 832-205-7797   
Phone: 713-461-9393 

Housing Trends

April 2013

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National market update

March Existing-Home Sales Slip Due to Limited Inventory, Prices Maintain Uptrend

WASHINGTON (April 22, 2013) - Existing-home sales eased in March from inventory constraints, which continued to pressure home prices. Sales have been above year-ago levels for 21 consecutive months, while prices show 13 consecutive months of year-over-year price increases. More... Read more

National housing indicators

Existing home sales ()

4.92 million units*

Existing home median price ()

$184,300

Housing Starts ()

1.036 million units*

New home sales ()

411,000 units (Feb)*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

1st Qtr 13

65.0%

1st Qtr 12

65.4%

The homeownership rate in the first quarter 2013 (65.0 percent) was lower than the first quarter 2012 rate (65.4 percent). The homeownership rate in the South was lower than the corresponding first quarter 2012 rate, while the rates in the Northeast, Midwest, and West were not statistically different from the rates a year ago.

New home sales

Mar 13

+1.5%

Feb 13

-7.6%

Sales of new single-family houses in March 2013 were at a seasonally adjusted annual rate of 417,000. This is 1.5 percent (+/- 16.9%)* above the revised February 2013 estimate of 411,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

If you haven't tried Myth Kafe on 1730 Jefferson St, Houston, TX 77003. Go by and give them a go. It's a remarkable Greek restaurant! Food is prepared fresh daily and I have yet to be disappointed by any of the items. George and Paige run an awesome restaurant here. They like their customers to relax, enjoy the food, and take their time. Read more

THE HOUSTON HOUSING MARKET FLEXES ITS MUSCLE IN JUNE HOUSTON — (July 15, 2015) — The Houston real estate market’s see-saw ride continued following May’s sales dip, with June sales volume up 4.1 percent and home prices setting new record highs. Only homes priced below $150,000 experienced a sales decline. Read more

Saturday, August 8th from 8AM-10AM is the 18th Annual Back to School Supplies Giveaway sponsored by the Morales Memorial Foundation. You MUST register and students must be present to pick up supplies. Click for more info. Read more

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Existing Home Statistics

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