The Greater Houston housing market is showing renewed momentum heading into summer, with pending sales of single-family homes rising 5.8% year over year to their strongest level since May 2022. The increase in newly signed purchase contracts points to growing buyer demand across the region despite a slight 3.2% decline in closed single-family sales compared to a year ago. Overall property sales totaled 10,088 in May, down 3.1% year over year but up 13.8% from April. Meanwhile, active listings edged up just 0.7% from a year ago, suggesting inventory growth continues to moderate. The rise in pending sales is an encouraging sign that stronger closed sales could follow in the coming months.
