Single-Family Homes Update
Sales of single-family homes jumped 9.1 percent in July, with 8,108 units sold across the greater Houston area compared to 7,433 a year earlier. On a year-to-date basis, home sales are 3.4 percent ahead of 2017’s record pace. Prices reached the highest levels ever for a July. The median price increased 5.9 percent to $243,500. The average price rose 2.4 percent to $305,910.