By Nancy Sarnoff, Houston Chronicle / Chron.com
July 30, 2009
The slowdown in this area's new home market continued through the second quarter, with starts and sales down sharply compared to a year ago.
The Houston-area market recorded 5,089 single-family starts during the period, a 38 percent drop compared to the second quarter of 2008, according to data released Thursday from Metrostudy, a Houston-based market- research and consulting firm.
Starts and sales of new homes, however, were up over the first quarter, a positive sign that the stricken real estate market could be moderating.
Full Story
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment