Average pending sales were somewhat lower in three of the four major Texas new home markets, again largely due to seasonality, according to Ben Caballero, HomeUSA.com. The anomaly was San Antonio where pending sales were slightly lower. The overall 3-month moving average of pending new home sales last month was 5,664 versus 5,816 in September.
Average pending sales were somewhat lower in three of the four major Texas new home markets, again largely due to seasonality, according to Ben Caballero, HomeUSA.com. The anomaly was San Antonio where pending sales were slightly lower. The overall 3-month moving average of pending new home sales last month was 5,664 versus 5,816 in September.