Five submarkets accounted for more than 17,000 existing home sales last year
Greater Katy boasts a median list price of nearly $400,000
Investment has previously increased traffic and home sales at the company's communities
At least 18,000 multifamily units to be delivered in 2016 coupled with job growth of 22,000
A significant amount of retail construction will occur in further-out Houston submarkets near Grand Parkway
Katy, Friendswood and Pearland home to top school districts, $300,000+ listing prices
Home starts expected to slow, inventory of developed vacant lots to increase
A reduction in the submarket's home sales activity can be linked to volatility in the oil and energy sectors.