Houston home sales up for August

September 20, 2011 2:58:50 PM PDT
Houston's housing market is making gains even thought the rest of the nation is in a slump.

According to new statistics released by the Houston Association of Realtors, sales for August were up 30 percent compared to last August. The price for an average single family home is also up, reaching an average of about $217,000.

Foreclosures made up about 20 percent of the sales.

August's increase follows home sales gains recorded in January, June and July of this year.

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