Houston Home Sales Move Past Hurricane Setback as Market Achieves Best November Ever
By br_sbacon27
/ December 13, 2017 December 14, 2017
HOUSTON – (Realty News Report) – Houston home sales remained strong in November as the market shrugged off the shock of Hurricane Harvey and recorded the best November in Houston real estate history.
The Houston Association of Realtors reported 6,184 single-family home sales in November, up 7.4 percent over November of 2016.
Despite the hurricane, which damaged over 100,000 homes and shut down sales activity for over a week in late August, the housing market survived the storm and rallied.
Homes are selling at a pace to make 2017 the strongest year ever for home sales. Year-to-date through November, sales are up 3.3 percent over the comparable 11 months of 2016.
