Houston Real Estate in June: Sales Up 18.3% YoY, Inventory Down 17.5% YoY, Concerns going forward

From the HAR: Houston Home Buyers Pump Up the Volume in June A flurry of homes going under contract in May after COVID-19-related stay-at-home orders expired led to a surge of closings in June , driving home sales volumes back up to levels considered more normal for summertime in Houston – and even beyond 2019's record pace. However, r enewed coronavirus concerns , stemming from a spike in cases across greater Houston and in other parts of Texas, may bring this taste of normalcy to an end by the fall . According to the latest Market Update from the Houston Association of Realtors (HAR), 9,328 ......(read more)

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