Single-Family Homes Update(HAR Report)
Single-family home sales rose 1.2 percent in February with 6,049 units sold across the greater Houston area compared to 5,979 a year earlier. Strong sales volume among homes at the high end of the market pushed pricing to record highs. The single-family home average price climbed 16.2 percent to $349,963 while the median price rose 12.6 percent to $275,900.