📅 Houston Housing Market Snapshot – Week 17 (April 22–28, 2025)
🔹 New Listings: ~4,000 homes — 15% higher than last year
🔹 Pending Sales: ~2,300 homes under contract — slightly down YoY
🔹 Off-Market Listings: Up 31% — nearly 1,900 homes withdrawn or expired
🔹 Closings: ~1,800 homes — pacing similar to 2023 and 2018
🔹 Showings: ~45,000 showings — steady vs. last year
🔹 Online Views: ~7 million — continued decline in digital home browsing
🔹 Interest Rates: Currently at 6.68% — fluctuating between 6.2% and 6.8% this week
📈 Market Insights:Tariffs likely to drive interest rates higher, per Texas Real Estate Research Center https://trerc.tamu.edu/blog/the-trade-war-and-the-outlook-for-interest-rates/Texas ranks #1 in job growth and business climate:
🏆 Best State to Start a Business – https://chiefexecutive.net/texas-florida-and-tennessee-top-chief-executives-2025-best-worst-states-for-business-poll/amp/
🛠️ A+ in Affordability & Home Building - https://www.realtor.com/research/state-report-cards-2025/
💼 Job Creation Leader (12-month snapshot) - https://gov.texas.gov/news/post/texas-leads-nation-in-job-creation-over-last-12-months
📞 Contact Marcus Bruno: (281) 969-3817
https://www.harconnect.com/wp-content/uploads/2025/04/har_WAS-25-17.pdf