Texas new home sales tick higher as spring buying season nears
The 3-month average of new home sales in Dallas-Ft. Worth, Houston, Austin and San Antonio last month combined totaled 5,180 sales versus 5,119 in January.
- The 3-month average of new home sales in Dallas-Ft. Worth, Houston, Austin and San Antonio last month combined totaled 5,180 sales versus 5,119 in January.
- "February new home sales are signaling that the spring home buying season is coming,” added Caballero.
- Pending sales continued to rebound in February, as the average 3-month pending sales were higher in each of the four largest Texas new home markets.
- ( See Chart 2: Texas New Home Sales )
The average prices of new homes flattened overall in Texas last month.