The Houston Association of Realtors reports that single-family home sales climbed 11.9% year-over-year, though they dipped 1.95% from July. Overall property sales followed a similar trend, rising 9.2% compared to last year but easing 3% month-to-month.
Inventory continues to expand, with active listings up 26.1% from August 2024, bringing supply to 5.4 months, compared to 4.4 months a year ago. Homes are currently averaging 52 days on the market.
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