Houston housing market

HAR Report: “January was a continuation of the slowdown that began last year with an onslaught of challenging economic conditions,” said HAR Chair Cathy Treviño with Side, Inc. “I think what’s happening now reflects more of a return to seasonal home sales trending – slower volume during the holidays and new year – than a market in distress. Certainly consumers want assurances that inflation is subsiding, so if mortgage rates stabilize and homes continue hitting the market at more affordable price points, we could expect an upswing in sales later this year.”