Cumulative new home sales remain slightly lower than 100 percent of the asking price. The combined 3-month moving average of the sales-to-list price ratio in Texas’ four largest markets for July was 97.60 versus 97.97 percent a year ago and 97.66 percent in June this year.
Cumulative new home sales remain slightly lower than 100 percent of the asking price. The combined 3-month moving average of the sales-to-list price ratio in Texas’ four largest markets for July was 97.60 versus 97.97 percent a year ago and 97.66 percent in June this year.