Real Estate Market News for July 2024

Leslie Lerner Properties

Real Estate Market News for July 2024

Housing Stats • Buzzworthy News

HOUSTON AREA HOME SALES ARE MELTING

In May, home sales in the Houston area saw an uptick, but this momentum did not carry into June. June marked the second consecutive month of year-over-year declines in home sales. Single-family home sales fell by 11.6% compared to the previous year and by 10.62% from May. The months of inventory increased from a 3.0-month supply last June to 4.3 months, the highest level since October 2012, which had a 4.4-month supply.

>>>Learn more about the Houston area housing market, working with a buyer’s agent and more Houston area news.

 

About the author

Leslie Lerner Properties understands that buyers and sellers are tired of having to account for high commission rates when budgeting for their home sale and/or purchase. That is why we have put our clients first by implementing flat fee listings and rebated real estate commissions. Our innovative approach to real estate commissions maximizes your return on investment. Why reduce the equity in your home with high commission rates? Leslie Lerner Properties is The Home of Flat-Fee Listings and Rebated Commissions.

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