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

August 2014

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National market update

Existing-Home Sales Up in June, Unsold Inventory Shows Continued Progress


WASHINGTON (July 22, 2014) – Existing-home sales increased in June and reached an annual pace of 5 million sales for the first time since October 2013, while rising inventory continues to push overall supply towards a more balanced market, according to the National Association of Realtors®.
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International Home Buyers Continue to Invest in Profitable U.S. Market, Realtors® Report

WASHINGTON (July 8, 2014) – Favorable exchange rates, affordable home prices and rising affluence abroad continue to drive international buyers to the U.S. to purchase properties and make real estate investments.
Source: NAR

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National housing indicators

Existing home sales ()

5.04 million units* *

Existing home median price ()

$223,300

Housing Starts ()

893,000 *

New home sales ()

504,000 *

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

National economic indicators

Home ownership

2nd Qtr 2013

65.0%

2nd Qtr 2014

64.7%

The homeownership rate in the second quarter 2014 was 64.7 percent, down 0.3 (+/- 0.4)* percentage points from the second quarter 2013 rate of 65.0 percent. The homeownership rates in the Northeast and South were lower than the rates in the second quarter 2013, while the rates in the Midwest and West were not statistically different from the rates a year ago.

New home sales

June 14

-8.1%

May 14

+8.3%

Sales of new single-family houses in June 2014 were at a seasonally adjusted annual rate of 406,000. This is 8.1 percent (+/- 12.3%)* below the revised May 2014 estimate of 442,000.

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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Existing Home Statistics

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