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REAL ESTATE NEWS

HOUSTON REAL ESTATE MARKET SINGLE FAMILY HOME SALES ROSE IN 2018

HOUSTON According to the Houston Association of Realtors' (HAR) 2018 annual report, single family home sales rose 3.8 percent to 82,177 while sales of all property types totaled 98,323, a 3.7-percent increase over 2017's record volume. Total dollar volume for full-year 2018 jumped 21.5 percent to a record-breaking $28 billion.

December single-family home sales fell 4.1 percent to 6,543 versus December 2017. Only two housing segments saw positive sales activity, with the strongest taking place in the luxury market that is, homes priced from $750,000 and up. Total property sales for the month declined 4.6 percent to 7,709.

 

 

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