Houston home sales, prices continue to soar, supply shrinks in November

“In my 50 years in the real estate business, I have never seen a market defy supply and seasonality the way Houston has — amid a pandemic, no less,” said HAR Chairman John Nugent with Re/Max Space Center. “It’s quite extraordinary to watch consumers take advantage of historically low interest rates and be able to choose their dream homes from among the tightest housing inventory this market has ever experienced.”