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Texas new home sales dip in July as inventory reaches a record high, HomesUSA.com reports, with home prices mixed and lower pending sales.

Texas new home sales showed a slight decline in June as the market adjusts to seasonal and affordability pressures, reports HomesUSA.com.

Texas home builders experienced a solid late spring surge as new home sales in May reached their highest level so far this year according to HomesUSA.com.

Texas new home sales slipped in three of its four largest markets last month and took longer to sell, according to the newest monthly HomesUSA.com report.

Mortgage rates continued to put downward pressure on Texas new home sale sales in all its four largest markets last month according to HomesUSA.com.

Texas’ new home sales softened last month but year-over-year are up 11% from January 2024, according to the newest month report from HomesUSA.com.

Texas’ new home sales last month were up 5% in its combined four largest markets and year-over-year are 14% greater than December 2023 - HomesUSA.com.

Texas new home sales remained steady last month for the combined four largest markets in Texas and were up 12% from a year ago, according to HomesUSA.com.

Texas new home sales were lower last month in its four biggest markets, home sales are up 6% from a year ago, home prices are flattening, inventory was up.

HomesUSA.com says Texas new home sales were flat last month in its four biggest markets but homes sold faster as Days on Market trends downward.