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Houston Home Sales at 8-Year High

by Peter Thomas Ricci

New research reveals 2015 has been a banner year for Houston real estate

houston-construction-census-bureau-no-1-building-permits

Home sales in the Houston housing market hit an eight-year high in the first half of 2015, according to the July 2015 U.S. Home Sales Report from RealtyTrac.

From January to June, there were 26,643 home sales in Houston, RealtyTrac found. That’s the best stretch for the Bayou City since 2008, and represents a 22.6 percent increase over 2008’s 21,736 sales. Of the 190 markets RealtyTrac analyzed, 124 (or 65 percent) saw eight-year highs in sales from January to June.

Below are 10 major national markets RealtyTrac spotlighted in its report:

Metro Area Jan-Jun 2008 Home Sales Jan-Jun 2015 Home Sales
Los Angeles 22,528 46,590
Phoenix 18,662 45,555
Chicago 31,554 43,099
Dallas 26,013 34,392
Houston 21,736 26,643
Denver 13,849 26,175
Detroit 12,507 25,785
Seattle 16,150 25,516
Tampa 13,108 25,432
Riverside 9,110 25,216

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