FEBRUARY NEWS YOU CAN USE Housing Stats ∙ Innovative Products for the Home Unveiled at CES 2017
HOUSTON HOUSING MARKET SAW YEAR-OVER-YEAR GAINS IN JANUARY
The Houston area housing market started off the year with across-the-board gains compared to January 2016. Homes priced between $500,000 and $750,000 showed the strongest sales activity. Sales of homes priced at $750,000 and above remained strong for the third consecutive month.
Single-family homes inventory grew from grew from a 3.3-months supply to 3.5 months. Across the U.S., inventory is at a 3.6 months supply. Days on the market grew to 64 days.