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Essentials News

A Part Of West U and Bellaire Essentials Magazine

JLL Capital Markets

As interest rate rises, local home sales slide

May 14, 2022 by Charlotte Aguilar

With mortgage interest rates increasing and inventory shrinking, the Houston-area housing market hit a plateau in April, traditionally one of the liveliest seasons for homebuying. According to figures from the Houston Association of Realtors, for the first time in 2022 sales failed to beat monthly year-over-year figures, but performance was still described by HAR as … [Read more...] about As interest rate rises, local home sales slide

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