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by CareyBot

Real estate sales in the Houston, Texas, market climbed for the ninth straight month in June, as single-family home sales and prices hit new highs, the Houston Association of Realtors reported today. Total property sales, which include single-family homes, townhomes, multifamily homes, country homes, high-rise properties and lots listed on the MLS, totaled 9,166 in June, up 14.1 percent from June 2005. Sales of new and existing single-family home sales set a record last month with 7,588 transactions, up 13.4 percent from last June's 6,694. The overall median price of single-family homes also nailed a record at $156,000, which was an increase of 7.2 percent compared to a year ago. The median is a typical market price where half of the homes sold for more and half sold for less t...