Interest rates put ‘downward pressure’ on Texas new-home sales last month

by Emily Marek New-home sales fell in Texas as interest rates sidelined buyers in February, according to the Texas New Home Sales Report from HomesUSA. Across Texas’ four largest cities, new-home sales increased year over year, but decreased month over month. In Houston, there were 2,029 new-home sales in February, up from 1,827 a year prior. […]