The Houston housing market has quieted down in the last month. Houston saw 13 consecutive months of positive home sales come to an end in July. This could be due to low inventory, travel, school starting or other factors. Single-family homes in most price ranges slightly declined while inventory creeped up to 1.8 months. This is still below the 2.9 months last year. Nationally, housing inventory is a a 2.6-months supply. Days on market dropped to 26 days.
>>>Learn more about the Houston area housing market and the 2021 International Builders’ Show Awards.
