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by CareyBot

Home sales in the Houston metropolitan area during April increased 22.2 percent from the same month a year ago and set an all-time high for the month, according to the Houston Association of Realtors. Total property sales, which included single-family homes, townhomes, multifamily homes, country homes, high-rise properties and lots listed on the MLS, reached 6,353, the highest number of total sales ever recorded by the association during the month of April. Total sales for single-family homes increased 23 percent in April to 5,215 from April 2003's 4,238. The median price of single-family homes grew to $135,000 in April, compared to $133,650 a year earlier. "Currently mortgage rates are hovering just above 6 percent. Last year at this time the rates averaged 5.5 percent," said HAR Chairm...