Houston single-family home sales increase for the 5th consecutive month

Also of note

According to the report, sales in October for homes priced between:

• $1-$99,999 decreased 4.1%
• $100,000-$149,999 decreased 10.4%
• $150,000-$249,999 increased 3%
• $250,000-$499,999 decreased 1.6%
• $500,000-$999,999 increased 8.1%
• $1 million and up increased 20.7%

“We're seeing a healthy balance in the Houston housing market as we head into the traditionally busy spring and summer months,” HAR Chair Shae Cottar said in the release. “Inventory is in a good place to handle the expected uptick in buyer demand. Interest rates will remain a factor, but the market fundamentals are strong.”