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Houston Housing Inventory Down 19% in February

by Peter Thomas Ricci

Housing inventory continued to decline in Houston in February, and at the moment, there does not seem to be signs of improvement.

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Housing inventory in the Houston housing market fell 19 percent year-over-year in February, according to the latest State of the Market report from Movoto.

Though that’s an improvement from the summer, when inventory in the Bayou City plummeted by nearly a third, it’s consistent with January, when inventory fell 18.5 percent.

See our chart below for some perspective on how Houston compares with the rest of the nation:

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