Houston Real Estate in February: Sales up 14.9% YoY, Inventory Up 3.8% YoY

This is prior to COVID-19 and also prior to the collapse in oil prices. From the HAR: Houston Home Sales Gain Momentum in February The Houston real estate market built upon its strong 2020 start by registering an eighth consecutive month of positive home sales in February. Consumer activity was once again largely fueled by some of the lowest interest rates of all time. ... According to the latest monthly Market Update from the Houston Association of Realtors (HAR), 6,044 single-family homes sold in February compared to 5,339 a year earlier, accounting for a 13.2 percent increase. ... Sales of ......(read more)

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