Pending new home sales last month – a key future sales indicator – continued a seven-month down trend as they moved lower again in the combined four markets in December: 5,971 versus 6,316 in November. December year-over-year pending new home sales in the four largest Texas markets are still up 10% (December 2024 versus December 2023).
Pending new home sales last month – a key future sales indicator – continued a seven-month down trend as they moved lower again in the combined four markets in December: 5,971 versus 6,316 in November. December year-over-year pending new home sales in the four largest Texas markets are still up 10% (December 2024 versus December 2023).