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Increases in home sales volume, price indicate momentum for Texas real estate in 2012

Texas REALTORS® releases 2012-Q1 edition of the Texas Quarterly Housing Report

2012年5月1日-奥斯汀

The Texas real estate market gained positive momentum in the first quarter of 2012, according to the 2012-Q1 edition of the Texas Quarterly Housing Report issued today by the Texas REALTORS®. The volume of single-family home sales in Texas was 12% higher than the same quarter of 2011 and the median price increased by almost 3% over the same time frame.

“The watchword for Texas real estate in 2011 was ‘consistency,’ in both sales volume and price. That allowed us to emerge from last year with stable sales volumes and strong property values,乔·斯图尔特说, chairman of the Texas REALTORS®. “现在, in 2012’s first-quarter results, we see a strong increase in sales volume and a meaningful increase in the median price. That indicates positive momentum for the year ahead.”

For the period of January through March 2012, the volume of single-family home sales in Texas was 45,502, 12% more than the same quarter in 2011. The median price for Texas homes during the quarter was $147,100, 2.比2011年第一季度增长7%.

吉姆·盖恩斯博士.D., an economist with the Real Estate Center at Texas A&米大学, expanded on the report: “We believe several factors are driving the strong performance of the first quarter, including continued job growth in Texas and some increased access to credit for homebuyers. Most of all, we’re starting to see a shift in Texans’ attitudes toward real estate. 本质上, buyers and sellers have higher expectations for the market, so they’re beginning to take action and we’re starting to see the impacts.”

展望未来, the “months inventory” calculation can provide insight into future demand for homes and that figure decreased from 7.2011年第一季度至6个月.0 months in the first quarter of this year. “Months inventory” is an indicator of the balance between demand for homes and supply in the market and the Real Estate Center at Texas A&M大学引用6.5 months of inventory as a balanced market.

盖恩斯继续, “在德州, our inventory of homes for sale has been decreasing for about six months now. That’s due in part to the fact that some homeowners who don’t have to sell have chosen to wait for prices to improve before selling their homes. 除了, the slower processing of foreclosures and fewer distressed properties may reduce the number of listings. 然而, a decrease of more than 20% in the inventory of homes compared to the same quarter last year is significant and may be an indication of price increases in the future.”

斯图尔特主席总结道, “If all the indicators play out as we expect, the Texas real estate market is in for a busy spring and summer.”

The Texas Quarterly Housing Report is issued four times per year by the Texas REALTORS® with multiple listing service data compiled and analyzed by the Real Estate Center at Texas A&米大学.

About the Texas Quarterly Housing Report

Data for the Texas Quarterly Housing Report is provided by the Data Relevance Project, a partnership among local REALTOR® associations and their 美国职业足球大联盟, and Texas REALTORS®, with analysis by the Texas Real Estate 研究 Center at Texas A&米大学. The report provides quarterly real estate sales data for Texas and 25 metropolitan statistical areas in the state. 德州2021十大正规彩票app 年回顾报告 在二月和 Texas Real Estate Mid-Year Report in August are released in lieu of the Q2 and Q4 reports each year.