According to the HomesUSA.com New Home Sales Index’s 3-month average, Days on Market continue to remain steady, indicating builders’ effort to balance supply with demand. The four leading Texas new home sales markets – Dallas-Ft. Worth, Houston, Austin and San Antonio – reported a slightly higher 3-month average for the DOM in April of 112.25 days versus 110.26 days in March.
According to the HomesUSA.com New Home Sales Index’s 3-month average, Days on Market continue to remain steady, indicating builders’ effort to balance supply with demand. The four leading Texas new home sales markets – Dallas-Ft. Worth, Houston, Austin and San Antonio – reported a slightly higher 3-month average for the DOM in April of 112.25 days versus 110.26 days in March.