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by CareyBot

Houston, Texas, real estate sales climbed from their year-ago levels for the 10th consecutive month in July, setting sales and price records, the Houston Association of Realtors reported. Total property sales, which include single-family homes, townhomes, multifamily homes, country homes, high-rise properties and lots listed on the MLS, totaled 7,975 last month, which was a 3.3 percent increase over July 2005 and the highest single-family sales total on record for July. The median home price for a single-family home reached a monthly record for July of $155,890 (after last month's median sales price was revised slightly lower), up 7.5 percent from a year ago. The median is a typical market price where half of the homes sold for more and half sold for less than that figure. "The greater H...