Lease Property Update(HAR report)
The coronavirus pandemic also slowed lease property activity across the greater Houston area in April. Leases of single-family homes fell 4.1 percent year-over-year while leases of townhomes and condominiums dropped 9.5 percent. The average rent for single-family home was down 1.7 percent to $1,765 while the average rent for townhomes and condominiums was down 1.2 percent to $1,565.