Texas' new home sales activity is also putting pressure on prices. Statewide, the 12-month moving average new home price rose in February to $361,320 versus $360,573 in January. The average price of new homes was higher in all but one of Texas’ major new home markets. Dallas-Ft. Worth, Houston, and Austin all posted higher average prices, with San Antonio’s average new home price slipping slightly.
Texas' new home sales activity is also putting pressure on prices. Statewide, the 12-month moving average new home price rose in February to $361,320 versus $360,573 in January. The average price of new homes was higher in all but one of Texas’ major new home markets. Dallas-Ft. Worth, Houston, and Austin all posted higher average prices, with San Antonio’s average new home price slipping slightly.