Sales were up when compared to July, but home sales across Greater Houston were down for a 17th straight month in August on a year-to-year basis. Per Houston Association of Realtors, single family homes sales fell 3.8 percent year-over-year, the lowest decline since sales dropped 0.8 percent in May 2022.
Months of inventory climbed to 3.3, he greatest months supply since May 2020 when it also was 3.3 months. Days on Market stayed the same on a month-to-month basis, but increased from 32 to 42 days year-over-year.
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