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HOUSTON HOME SALES RISE SLIGHTLY IN JUNE
The Houston real estate market saw across-the-board gains in June compared to June 2016. Sales increased on a monthly basis except for townhome / condominium sales which fell 7 percent.
Single-family homes inventory rose from a 3.9-months supply last June, to 4.4 months in June 2017. That is also an increase from 4.1 months in May 2017. Across the U.S., inventory is at a 4.2-months supply. The average days on the market fell to 50 days.