AUGUST NEWS YOU CAN USE
Housing Stats ∙ 2016 International Builders’ Show Awards
HOUSTON HOME SALES DECLINE IN JULY
Houston area homes sales declined in July, the first time in six months. The largest drop in volume was among homes in the highest and lowest price ranges.
In July, single-famly homes sales fell 8.8 percent compared to a year earlier. Sales of all property types were down 8.6 percent. Inventory climbed to a 4.0-months supply of single-family homes, which is the highest level since November 2012.
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