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Homebuilder confidence holds steady in July

“For the past six months, builder confidence has remained in a relatively narrow positive range that is consistent with the ongoing gradual housing recovery that is underway,” said NAHB Chairman Ed Brady. “However, we are still hearing reports from our…

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Houston median home price hits record high in June

Houston’s housing market just hit a new high in its median home price. On a year-to-date basis, home sales rose 2.7% versus June 2015. A sufficient supply of inventory and low interest rates should draw more homebuyers into the market…

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