Texas

February was a disappointing month for the Dallas-area housing market.

The average price of a new home rose in Texas' four largest markets in January, with Houston leading the gains, according to HomesUSA.com.

In a shift from the typical upward trend for Central Texas, home sales declined in January and home price appreciation slowed, the Austin Board of Realtors said.

A flood of North Texas houses hitting the market in January means it will take longer to sell a Dallas-Fort Worth home.

Home sales fell for the third straight month in January, as buyers closed on 362 fewer homes than they did last year at the same time, according to the Houston Association of Realtors.

The market for new homes in Houston is expected to be flat for the next couple of years amid a tight supply of lots, a local housing analyst said.

Community banks generally make digital a consumer play, but TransPecos Bank, with its BankMD brand, is focusing on doctor practices, which tend to weather economic downturns well.

The Houston City Council has approved up to $400 million in contracts with six firms to build new housing and repair single-family homes damaged by Hurricane Harvey.

The Houston region registered increases in new-home sales and prices in December, bucking the trends in other large Texas cities, a new report showed.

The Austin area's housing market continued its record-breaking pace in 2018 with both the number of homes sold and the median sales price of those homes reaching all-time annual highs.