Texas housing market activity strengthened through the first half of 2026, with closed sales outpacing last year’s levels. This suggests that underlying housing demand remains resilient despite ongoing economic headwinds and persistent affordability constraints. Sales gains have been consistent statewide, suggesting that buyers are adapting to current mortgage rates while benefiting from more stable inventory conditions and greater choice.
Pricing trends also point to a gradually improving market environment in Texas. While home prices remain below year-ago levels, the pace of decline has continued to ease.
As the peak home buying season comes to a close, continued improvement in inflation readings should help support market stability by reducing the likelihood of a policy rate increase.
