Texas new-home sales dropped to 5,658 in August and pending sales fell 10.7% from a year earlier, HomesUSA.com reported Sept. 21, while days on market improved for a fourth straight month and average prices held near $424,000.
Redfin’s analysis of Census microdata shows San Antonio led Gen Z net migration in 2024 and Houston led millennials, while New York and Los Angeles lost the most from both generations.
Redfin counted 1.53 million sellers against 972,300 buyers in August, a 57.9% gap and the largest in records back to 2013. All ten most buyer-friendly metros are in the Sun Belt.
Two years after the May 2024 derecho and Hurricane Beryl, the city began taking applications Monday for repair grants of up to $100,000 and full reconstruction of up to $300,000.
Redfin data shows Houston, San Antonio, Austin, Dallas and Fort Worth have all tipped into buyer’s-market territory, with Houston posting the widest seller-buyer gap in the state.
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