Houston home prices to be 'largely flat' through September 2016

Area's reliance on oil and mining employment will impact the local housing market for the next year
  • Houston home prices are 20 percent above their long-term fundamental value
  • Home prices are rising at a slower rate than during the previous two years.
  • Have home prices peaked in some Houston markets?

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The Houston housing market is starting to show its first signs of weakness, according to one source. These first signs: falling sales activity and slower home price appreciation.