Peter Johnson, Realtor

Century 21 Realty Partners

9385 Hickory Hills Dr
Montgomery, TX 77316


Cell: 936-524-4397   
Phone: 936-524-4397 
Fax: 832-934-2292

Housing Trends

December 2012

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National market update

November Existing-Home Sales & Prices Maintain Uptrend

WASHINGTON (December 20, 2012) - Existing-home sales continued to improve in November with low inventory supply pressuring home prices, according to the National Association of Realtors®. More...


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National housing indicators

Existing home sales ()

5.04 million units*

Existing home median price ()

$180,600

Housing Starts ()

861,000 units*

New home sales ()

377,000*

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

National economic indicators

Home ownership

3rd Qtr 12

65.5%

3rd Qtr 11

66.3%

The homeownership rate in the third quarter 2012 (65.5 percent) was lower than the third quarter 2011 rate (66.3 percent). The homeownership rate in the South was lower than the corresponding second quarter 2011 rate, while the rates in the Northeast, Midwest, and West were not statistically different.

New home sales

Nov 12

+4.4%

Oct 12

-3.5%

Sales of new single-family houses in November 2012 were at a seasonally adjusted annual rate of 377,000. This is 4.4 percent (+/- 16.8%)* above the revised October 2012 estimate of 361,000.

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.

Peter Johnson, Century 21 Realty Partners

Montgomery County Single Family Home Sales fell in Oct 017 with 823 Homes Sold VS 901 in Sep 017 or (-8.8%). Average single family home prices up (+1.5%) or $303,124 in Oct 017 VS $302,672 in Sep 017. Inventories (listings) steady in Oct. 017 VS Sep 017. (see link) Read more

The Houston single family Housing Market fell in Oct 017 vs Sept 017. Aug 017 saw losses due to hurricane Harvey. The year 2017 continues to outpace 2016's record performing year. (see Link). New Jobs are still credited for a record setting year Read more

Houston Single Family home sales fell (-7.7%) in Oct 017 with 6,381 sold vs 6,913 sold in Sep 017. Average home prices fell (-2.0%) in Oct 017 to $285,858 VS $291,767 Sep 017. Rentals and listings (inventory) was positive in Oct 017 but the average monthly rental rates fell to $1,776 Read more

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