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Real Estate with Katia Hadjiyska

Daily real estate market news and advice for buyers, sellers, landlords, and tenants.

Inventory Challenges Continue! [INFOGRAPHIC]

May 26th, 2017

Inventory Challenges Continue! [INFOGRAPHIC] | Simplifying The Market

Some Highlights:

  • After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories.
  • Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800.
  • New home prices slowed as builders have started to turn their focus toward single family, smaller homes.

Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®
EnCourage Realty
3505 Sage Rd Ste 413, Houston, TX 77056   Get Directions
Phone: (713) 234-1516