Regional Economic Perspective: Atlantic & Cape May Counties

Key points: • Houston’s housing market is shifting toward balance as rates stabilize and inventory increases. • Supply is rising and the lock-in effect is easing, giving buyers more leverage. • Affordability is improving slightly, but costs continue to limit demand and slow sales. April 2026 — Houston’s housing market is settling into a more balanced phase as mortgage rates hold above 6% and inventory expands, shifting conditions away from...