Houston's housing: A tale of two marketsHouston's housing: A tale of two marketshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=173082017-08-23T05:00:00Z2017-08-23T22:25:00Z

​​​A tale of two markets, Houston's housing and multifamily markets diverge.HOUSTON – Houston’s housing landscape is a tale of two markets amid the oil slump.​

Multifamily leasing and rents took a tumble amid the energy downturn. 

Occupancy rates fell as energy companies shed jobs, and apartments inside the 610 Loop are offering two to three months of free rent as competition mounted from new supply.​

Single-family home sales and prices, however, have generally kept climbing despite the oil slump. 

Realtors sold a record-breaking 8,414 homes in June 2017, the most in a single month in Houston history, according to the Houston Association of Realtors.

A​​verage home prices have risen throughout the downturn, crossing the $300,000 threshold.
Houston Business Journal
Houston-The Woodlands-Sugar Land

​Check​ out Houston-The Woodland-Sugar Land Housing​ and Multifamily​ Market Research.

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