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Housing Stats ∙ Importance of Flood Insurance
HOUSTON HOME SALES AND PRICES REMAIN HOT IN JULY
July marked the second straight month that Houston’s home sales and prices surpassed last year’s record-breaking pace, while inventory showed further improvement. The sale of homes priced below $150,000 declined, while those above $500,000 showed strong sales volume.
The Houston housing market had across-the-board gains in July 2015 versus a year earlier, with single family home sales, total property sales and total dollar volume all up, and prices reaching record highs for a July.
Houston housing inventory increased in July, reaching a 3.4-months supply versus the 3.0-months supply a year earlier.
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