Houston Real Estate in June: Sales down 5% YoY, Inventory Up 11%

From the HAR: Houston Home Sales Fall Shy of Last June's Record, But Continue to Outpace 2018 Despite continued strength in the Houston real estate market fueled by more robust inventory and low interest rates, June home sales could not match the historic levels of a year earlier, in June of 2018. According to the latest monthly report from the Houston Association of REALTORS® (HAR), single-family home sales were down 3.4 percent. However, on a year-to-date basis, sales are still outpacing 2018's record volume. June marked the first month of 2019 with declining single-family home sales, due......(read more)

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