RE/MAX of Texas

PO Box 941549
Houston, TX 77094

Cell: 281-828-8888   
Phone: 800-950-2181 
Fax: 281-828-9680

Housing Trends

March 2018

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National market update

Existing-Home Sales Slip 3.2 Percent in January

WASHINGTON (February 21, 2018) — Existing-home sales slumped for the second consecutive month in January and experienced their largest decline on an annual basis in over three years, according to the National Association of Realtors®. All major regions saw monthly and annual sales declines last month.

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TCost-Conscious Buyers Are Flocking to These 10 Affordable, Midsize Cities

A severe housing shortage, sky-high home prices, and equally towering costs of living in the priciest cities are pushing wannabe home buyers to seek out smaller, more affordable metro markets around the nation.

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National housing indicators

Existing home sales (Jan)

5.38 millions units*

Existing home median price (Jan)


Housing Starts (Jan)

1.326 millions units*

New home sales (Dec)


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

National economic indicators

Home ownership

4th Quarter 2017


3rd Quarter 2017


The homeownership rate of 64.2 percent was not statistically different from the rates in the fourth quarter 2016 (63.7 percent) or the third quarter 2017 (63.9 percent).

New home sales

December 2017


January 2018


Sales of new single-family houses in January 2018 were at a seasonally adjusted annual rate of 593,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 7.8 percent (±19.0 percent)* below the revised December rate of 643,000 and is 1.0 percent (±16.4 percent)* below the January 2017 estimate of 599,000


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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.

RE/MAX of Texas News

The housing industry is staging a recovery with increasing sales and stabilizing prices, according to a national survey of RE/MAX agents. Read more

For the second month in a row, home prices have risen higher than a year ago. Read more

RE/MAX Commercial has been recognized by two prestigious real estate industry surveys, based on outstanding performance in 2011. Read more

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Consumer tips & hot properties


Rent or Buy? 10 Places Where You'll Get the Most Bang for Your Buck

Does it make financial sense for you to buy a new house now, or continue renting? The X-factor is determined by where you live. So we uncover the best places for each scenario.

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Selling Your Home? Don't Neglect These 6 Maintenance Tasks—or Else

A little routine upkeep looks better to buyers—and can help you avoid a catastrophic problem that could devalue your property and derail a sale.

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6 Mortgage Missteps Home Buyers Often Make

Getting a mortgage can be the most treacherous part of the home-buying process. Don't make the same mistakes as many others.

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6 Surprising Ways Home Staging Can Sabotage Your Sale

From dull color schemes to plastic apples, these bad decisions can leave your property languishing on the market.

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What's Cooking: These Will Be the Year's 7 Hottest Kitchen Design Trends

The kitchen is one of the highest-profile rooms in a home, so it can pay to take a chance, stylistically.

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Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.