Lease Property Update(HAR Report):
Houston’s lease market enjoyed robust activity in November following a mixed performance in October. Single-family lease homes rose 7.1 percent year-over-year. Leases of townhomes and condominiums increased 5.1 percent. The average single-family rent climbed 8.5 percent to $2,042 while the average rent for townhomes and condominiums increased 3.8 percent to $1,737