Despite sliding oil prices, mid-range housing holds its own
HOUSTON – (Feb. 10, 2016) – The Houston housing market kicked off 2016 with a strong month of sales, only about 2 percent off the January record, despite the ongoing effects of strains in the energy industry, reports Multiple Listing Service of HAR.
Single-family homes priced between $150,000 and $250,000 saw year-over-year sales increase by nearly 9 percent while total property sales remained unchanged.