Home Sales Rebound in April in North Texas

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According to the latest monthly report from the Houston Association of REALTORS (HAR), 8,108 single-family homes sold in July compared to 7,433 a year earlier, accounting for a 9.1-percent increase. On a year-to-date basis, home sales are running 3.4 percent ahead of 2017’s record volume.

Regionally, sales in the Northeast, which account for the majority of existing home sales, rose 4.7% to 670,000 units, almost in line with the prior-year period.

April Home Sales Rebound Average Price Sets Record for 22nd Consecutive Month. The april average home price climbed to $214,972 compared to $205,089 a year earlier, a + 4.82 % increase. At the same time, the inventory of homes for sale, as of April 30, continued its year-over-year declining trend to 4,275 from 4,885 a year ago, down – 12.49 %.

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Sales of new homes increased to an annualized rate of 646,000 in June after two months of declines, according to the Census Bureau and the Department of Housing and Urban Development.

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Home flips in both the U.S. and North Texas fell in the first quarter from the same period last year. dallas-area home prices grew by less than 3 percent in April Nationwide. as a single-family.

Nationwide home prices were 3.4% higher than in May 2018, according to the closely watched Case-Shiller report. "Nationally, year-over-year home price gains were lower in May than in April. Home.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, slightly increased to 105.4 in May, rising from April’s 104.3. Despite. journalism from the University of North.

The inventory of new home sales for sale was 268,000 in April, which is a 5.7-month supply at the current sales pace. The median sales price of new houses sold was $309,200. Regionally, new home sales decreased 4.0 percent in the South, 7.5 percent in the Northeast, 13.1 percent in the Midwest and 26.3 percent in the West.

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real estate DFW Places Among Top Housing Markets For 2018 North Texas is anticipated to beat the national average in home sales in 2018 with price growth of 5.57 percent.

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