The third annual State of Housing report documents a rapidly changing housing environment in Houston and Harris County. Due to delays in data released from the U.S. Census and the American Communities Survey, the 2022 report relied more on data from other sources, especially the Houston Associations of Realtors (HAR) and the Home Mortgage Disclosure Act (HMDA). The HAR data, in particular, helped us understand the dramatic changes in the home ownership market, especially rising prices and low inventory. The HMDA data provided us with rich insight into trends in home mortgages.