The 3-month moving average of pending new home sales last month – a key future sales indicator – was mixed in the top four Texas markets. Specifically, Austin's pending sales in January dropped to 1,061 from 1,111 in December, Houston was 1,797 from 1,822, and San Antonio was 903 from 931. Dallas-Ft. Worth was the outlier, as pending new home sales were higher at 2,142 versus 2,107.
The 3-month moving average of pending new home sales last month – a key future sales indicator – was mixed in the top four Texas markets. Specifically, Austin's pending sales in January dropped to 1,061 from 1,111 in December, Houston was 1,797 from 1,822, and San Antonio was 903 from 931. Dallas-Ft. Worth was the outlier, as pending new home sales were higher at 2,142 versus 2,107.