May Monthly Market Comparison-HAR Report
May marked a turnaround for the Houston real estate market. Overall property sales were 4.6 percent above last year’s volume, snapping a three-month streak of declining sales. This growth was accompanied by a 5.6 percent increase in total dollar volume, which reached $4.5 billion.
Inventory continued to grow, with 58,005 available properties, which is a 29.4 percent increase compared to last May