April 14, 2018
Aggieland Homes for Sale

Houston Real Estate Market Cools in March

HOUSTON HOME SALES COOL IN MARCH Sales volume enters negative territory for the first time in seven months The Houston real estate market experienced its first sales slowdown since Hurricane Harvey last August, as 6,810 single-family homes sold in March versus 6,982 a year earlier. That represents a 2.5-percent decline. The rental market also saw waning consumer interest for both single-family homes and townhomes/condominiums. However, inventory of homes for sale reached the most plentiful level in four months. According to the latest monthly report from the Houston Association of REALTORS® (HAR), the best-performing segment of the market consisted of homes […]