August News You Can Use
Housing Stats • 2019 International Builders’ Show Awards
Houston Home Sales Spark in July
We wish it was fireworks, but we will take what we can get. The Houston real estate market sparkled in July with a small sales increase in all price ranges on a month-to-month and year-to-year basis. Per HAR, July single-family home sales totaled 8,953, up 11.6 percent year-over-year. This exceeds the last one-month sales volume record set in June 2018 (8,385). Sales are 3.0 percent ahead of 2018’s volume. Last month, housing inventory decreased to a 4.3-months supply. The average days on the market increased to 50 days.
>>>Learn more about the Houston real estate market and the 2019 International Builders’ Show Awards.
