SEPTEMBER NEWS YOU CAN USE
Housing Stats ∙ Kitchen Remodeling
HOUSTON HOME SALES EASE IN AUGUST
After a few months of esclating sales, the Houston housing market slowed down a fraction, while prices set new highs in August. The sale of homes priced between $150,000 and $500,000 slightly increased, while the low and high ends of the market experienced sales declines.
Single family home sales increased minimally in August 2015 versus August 2014. Total property sales were flat, but prices reached record highs for an August.
Houston housing inventory reached a 3.5-months supply, versus the 3.0-months supply last year. Nationally, there is a 4.8-months supply of homes.