Tricia Frazier

Realty Associates

1223 Antoine Dr
Houston, TX 77055

Cell: 832-233-7215   
Phone: (832) 233-7215 
Fax: (888) 501-6097

Housing Trends

December 2015

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National market update

Existing-Home Sales Suffer Setback in November, Fall to Slowest Pace Since April 2014

WASHINGTON (December 22, 2015) — Existing-home sales dropped off considerably in November to the slowest pace in 19 months, but some of the decrease was likely because of an apparent rise in closing timeframes that may have pushed some transactions into December, according to the National Association of Realtors®. All four major regions saw sales declines in November.

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The Hottest U.S. Housing Markets in December 2015

Even if you don’t celebrate Christmas, Hanukkah, Kwanza, or Festivus, the holidays seem to really take over the month of December: With long lines everywhere, office parties, decorations, and random elf sightings, everything else practically grinds to a halt. It’s typically not the best time to find a new job, start a diet, or—especially—buy or sell a home.

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National housing indicators

Existing home sales ()

4.76 millions units*

Existing home median price ()


Housing Starts ()

1.173 millions units*

New home sales ()

0.495 millions units*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

3rd Qtr 2015


3rd Qtr 2014


The homeownership rate in the third quarter 2015 was 63.7 percent, down 0.7 (+/- 0.4) percentage points from the third quarter 2014 rate of 64.4 percent. The homeownership rate in the Northeast was lower than the rate one year ago, while the rates in the Midwest, South and West were not statistically different from the rates in the third quarter 2014.

New home sales

November 2015


October 2015


Sales of new single-family houses in November 2015 were at a seasonally adjusted annual rate of 490,000. This is 4.3 percent (+/- 11.9%)* above the revised October 2015 estimate of 470,000.


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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Tricia Frazier

August is here! Wow, where did the summer go?? School will be back in session really soon. Don't miss the opportunity to sell or buy while the market is hot. Typically, the summer months are the busiest months for real estate activity. Contact me today to discuss your options, if you are thinking about selling or buying.

The Summer heat is almost here but the real estate market is already HOT!! If you have been waiting for the right time to buy or is the time!! Contact me and let's discuss your options.

Market values have improved in many areas throughout the greater Houston area. Interested in how much your home value has changed?? Contact me today for a market analysis.

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Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.