Houston is finally cooling off a bit but home sales remain hot. Sales of single family homes climbed nearly 17 percent compared to one year earlier and accounted for the fourth consecutive month of increased sales volume. The prices of those homes achieved all-time highs for a September in Houston. In addition, months of inventory fell to the lowest level since May 2010 while pending sales rose and active listings declined. All are considered signs of a healthy and balanced housing market.
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