Houston Home Prices Dip, More Buyers Can Afford

Slide 1:
39% of Houston households purchased homes this year, showing a 2% increase.

Slide 2:
Median home prices slightly decreased to $349,400, stabilizing the market.

Slide 3:
Houston market described as balanced, with > five months inventory

Slide 4:
Rent prices ↓; 46% can afford $2,100 avg lease.
Slide 5:
Minimum annual income required: $98K for homes and $84,000 for renting.