“April proved to be a strong month for the Houston housing market on both the purchase and rental sides, and mind you that is compared to a record year in 2017,” said HAR Chair Kenya Burrell-VanWormer with JPMorgan Chase. “As long as inventory levels can keep up with the increased buyer demand, we would expect sales volume to remain strong in the months ahead.”
April sales of all property types in Houston totaled 8,453, an increase of 3.2 percent versus the same month last year. Total dollar volume rose 10.5 percent to $2.4 billion.