December

December 17, 2016
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Houston MLS Report for November 2016

  HOUSTON HOME SALES SURGE IN NOVEMBER Luxury market enjoys its first sales increase in over a year HOUSTON — (December 14, 2016) — The Houston housing market registered healthy gains in November thanks to more plentiful inventory, with single-family home sales surging nearly 23 percent compared to one year earlier when oil jitters sent sales tumbling. Sales among luxury homes (priced at $500,000 and above) —the segment most constrained by the ailing energy industry— leapt almost 33 percent. That represents the first increase that segment has seen since August 2015. For perspective, the increases place the market about 10 […]