I m tracking sales and inventory for many local markets.
Houston real estate held to record territory in June with buyers continuing to seize upon historically low interest rates as they purchased homes from among a limited supply. Despite the strong buying activity, the pace was slightly slower in the year-over-year comparison.
According to the latest Houston Association of Realtors (HAR) Market Update, single-family homes sales were up 13.6 percent compared to last June, with 10,638 units sold versus 9,362 a year earlier. That becomes the market’s thirteenth consecutive positive month of sales. On a year-to-date basis, home sales remain 25.9 percent ahead of 2020’s record pace.
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calculatedriskblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calculatedriskblog.com Daily Mail and Mail on Sunday newspapers.
Many economists, Federal Chair don t expect inflation to last long
Many economists, Federal Chair don t expect inflation to last long
While economists say prices for some consumer goods will stay high for a while, many expect inflation to decrease next year.
HOUSTON - The Labor Department says consumer prices have spiked 5.4% over last year. But how long will this inflation last?
While economists say prices for some things will stay high for a while, many expect inflation to decrease next year.
The latest CPI data was largely driven by skyrocketing used car and truck prices, up 10% in June, due to the worldwide semiconductor chip shortage that s driving up new car prices.