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AUSTIN (Texas Realtors) – May 7, 2019 – Texas home sales continued to rise, and median price moderately increased during first quarter 2019, according to the 2019-Q1 Texas Quarterly Housing Report from Texas Realtors. Last quarter, 70,827 homes were sold statewide, a 0.7 percent increase over the year. The median price increased 2.7 percent to […]
COLLEGE STATION – (The Real Estate Center Texas A & M) – April 29, 2019 – The Texas economy continues to grow faster than the U.S., but it has been cooling off the past six months. According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the state gained 271,000 nonagricultural jobs […]
HOUSTON (NAI Partners) – March 18, 2019 -The Southeast submarket has four million sf of industrial space underway, one-third of the total industrial construction in the metro. The submarket recently experienced a more than $50 billion petrochemical expansion that is positively affecting demand for industrial supply, particularly for plastics and logistics. The largest projects under […]
TEXAS (HomesUSA.com) – February 26, 2019 – The average new home price in Texas rose by nearly $1,500 to $358,880 in January, according to HomesUSA.com The average price of a new home rose in Texas’ four largest markets in January, with Houston leading the gains, according to the the HomesUSA.com New Home Sales Index. Sales […]
HOUSTON (NAI Partners) – February 25, 2019 – After peaking at 22 percent in 2Q 2018, local office vacancy fell to 21.1 percent this month, according to NAI Partners. So far, year-to-date 2019 net absorption is in positive territory at 762,230 sf. The metro created 108,300 jobs, a 3.5 percent increase, in the 12 months […]