JUNE NEWS YOU CAN USE
Housing Stats ∙ 2017 School Report Card ∙ Mosquito Safety
HOUSTON HOME SALES, RENTALS & INVENTORY INCREASE IN MAY
Houston home sales, rentals and single-family homes inventory are up compared to May 2016. May also marked the seventh consecutive month of rising sales for homes in the $750,000 and above price range.
Single-family homes inventory rose from a 3.6-months supply last May to 4.1 months in May 2017. This is the largest amount of Houston area housing inventory in nearly five years. Across the U.S., inventory is at a 4.2-months supply. The average days on the market fell to 51 days.