Houston Housing Market

Houston Housing Market

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Houston Housing Market

Home-price growth appears to be slowing in Houston, says Brandon Cornett at HBI, and most forecasts for the Houston housing market predict smaller gains in 2019 than what we saw last year.

Even so, home values within the Houston real estate market will likely continue to climb for the foreseeable future, largely due to population growth. In fact, the Houston metro area was singled out last year for being the second-fastest-growing metropolitan area in the country.

Houston Housing Market

Here are the latest trends, statistics, and forecasts for the Houston housing market in 2019.

  • This month, the real estate research team at Zillow predicted that home prices in Houston would keep rising through 2019 and into 2020.
  • Like many major cities in the U.S., Houston’s housing market has suffered from depressed inventory levels over the past few years. There just weren’t enough homes on the market to meet the demand from buyers. This is partly why prices have risen so much over the past few years. But that’s beginning to change.

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David McBee

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