Texas’ new home inventory rose slightly in October as the 3-month average of active new home listings climbed to 32,780 versus 32,337 in September. In three of the state’s largest markets – Houston, Dallas-Ft. Worth and Austin – inventory was higher. San Antonio was the exception in September for the second consecutive month, as its 3-month average of active listings dropped to 5,280 from 5,384 in September. Year-over-year active listings are up over 13% from 28,960 in October 2023.
Texas’ new home inventory rose slightly in October as the 3-month average of active new home listings climbed to 32,780 versus 32,337 in September. In three of the state’s largest markets – Houston, Dallas-Ft. Worth and Austin – inventory was higher. San Antonio was the exception in September for the second consecutive month, as its 3-month average of active listings dropped to 5,280 from 5,384 in September. Year-over-year active listings are up over 13% from 28,960 in October 2023.