New-home sales rise across Texas

New-home sales surged in all of Texas’ major markets, including Houston, according to the latest data from HomesUSA.

Sales increased by 6.9% month over month, with 2,342 new-homes sold in May, up from 2,191 in April. That was also up 11.9% year over year, from 2,091 in May 2024.

Pending new-home sales also increased, with 2,350 homes going under contract. That’s just 33 homes more than in May 2024…

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