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

June 2015

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National market update

Existing-Home Sales Bounce Back Strongly in May as First-time Buyers Return

WASHINGTON (June 22, 2015) — Fueled partly by an increase in the share of sales to first-time buyers, existing-home sales increased in May to their highest pace in nearly six years, according to the National Association of Realtors®. Led by the Northeast, all major regions experienced sales increases in May.

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Midyear Report: The Housing Market Is on Track for Its Best Year Since 2006 (and It Ain’t a Bubble)

As we approach the midpoint of 2015, the residential real estate market is on track for its best year since 2006, the peak of the housing bubble. (This time, though, it’s no bubble.)

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National housing indicators

Existing home sales ()

5.35 millions units*

Existing home median price ()

$228,700

Housing Starts ()

10.36 millions units*

New home sales ()

5.17 millions units*

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

National economic indicators

Home ownership

1st Qtr 2015

+63.7%

1st Qtr 2014

+64.8%

The homeownership rate in the first quarter 2015 was 63.7 percent, down 1.1 (+/- 0.4) percentage points from the first quarter 2014 rate of 64.8 percent. The homeownership rates in the Northeast, South and West were lower than the rates in the first quarter 2014, while the rate in the Midwest was not statistically different from the rate a year ago.

New home sales

May 2015

+2.2*%

April 2015

+8.1*%

Sales of new single-family houses in May 2015 were at a seasonally adjusted annual rate of 546,000. This is 2.2 percent (+/- 16.7%)* above the revised April 2015 estimate of 534,000.

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 rose in Jan 018 with 558 Homes Sold VS 440 in Jan 017 or (+26.8%). Average single family home prices fell (-12.9%) or $290,473 in Jan 018 VS $333,738 in Jan 017. Inventories (listings) steady in Dec 017 VS Dec 016. (see link) Read more

The Houston Real Estate Market kicked off 2018 in a very positive manner with sales up, a mixed pricing performance and a stable supply (listings) of homes. Over 46,000 jobs added to the Houston Economy in 2017. Read more

Houston Single Family home sales rose (+8.9%) in Jan 018 with 4,469 sold vs 4,104 sold in Jan 017. Average home prices fell (-2.1%) in Jan 018 to $270,303 VS $276,155 in Jan 017. Single family leases rose 1.9% in Jan. 018 VS Jan. 017. Average rent prices rose (+1.4%) to $1,748 in Jan 018 Read more

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Existing Home Statistics

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