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Texas home sales increase in first quarter of 2020; COVID-19 creates uncertainty for second quarter

Texas REALTORS® releases 2020-Q1 edition of the Texas Quarterly Housing Report

2020年4月22日-奥斯汀

Home sales and median home prices across Texas experienced a moderate increase in the first quarter of 2020, 根据 2020-Q1 Texas Quarterly Housing Report released today by Texas REALTORS®. Although this time period includes the beginning stages of the COVID-19 outbreak, the statistical representation of its impact on the Texas housing market will be made more apparent in the second and third quarters of the year.

“The housing statistics for the first three months of the year show the continuation of more than a decade of growth in the Texas housing market,Cindi Bulla说, 德州2021十大正规彩票app经纪人主席. “然而, the rapid growth of the global pandemic we are facing is poised to affect this momentum. Before this unprecedented event and the economic downturn and shelter-in-place orders, our biggest market concern was the lack of affordable housing to meet the tremendous demand.”

During the first quarter of 2020, 75,052 homes were sold in Texas, jumping 7% compared to the first quarter of 2019. Statewide, the median price increased 5.1% to $241,500. Price class distribution showed that the largest percentage of homes sold across the state (33.8%) were in the $200,000-$299,000 price range.

吉姆·盖恩斯博士.D., chief economist with the Real Estate Center at Texas A&米大学, commented, “Sales activity in the first quarter experienced strong momentum. 然而, 因为COVID-19, many sellers have begun pulling their listings to wait out the quarantine. This will only add to our housing shortage and strained inventory availability. Sales are anticipated to drastically drop in Q2, as we’ll be comparing our market to the previous record-breaking year. 从长远来看, there will be continued demand within the Texas housing market as long as the job market is able to rebound quickly.”

活跃房源数量下降8个.9% to 91,363 listings in the first quarter of 2020. Texas homes spent an average of 67 days on the market during the same time frame, one day more than the first quarter of 2019. Housing inventory in Texas decreased 0.从2019-Q1到3个月.0个月库存.

布拉主席总结道, “While these statistics will serve as an important historical reference and benchmark for future recovery, they don’t represent the full market impact of COVID-19. The data for the second and third quarter of 2020 will be the market story, giving us a better look at the post-crisis implications on the Texas housing market. The good news is we went into the disruption with positive velocity and will be ready to come out the other side with a swift recovery. In the meantime, opportunities are everywhere, and we Texans always outperform expectations.”

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.