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Revised Numbers Show Drop In Houston Home Sales In January

The Houston Association of Realtors now says sales of all property types fell 0.6 percent compared to January 2014.

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The Houston Association of Realtors is revising its sales numbers for January downward. The association now says that sales of all property types fell by 0.6 percent in January compared to a year earlier. The group had originally reported a year-over-year increase of 2.6 percent.

Single-family home sales for the Houston region totaled 4,032 last month. That’s an increase of 2.6 percent compared to January of last year. The association originally put the increase in sales at 6.1 percent.

Sales of condominiums and townhomes declined by nearly 21.8 percent compared to a year earlier — a slightly deeper drop than first stated.

The Houston Association of Realtors says the errors stemmed from a glitch when the Texas A&M Real Estate Center ran the original report. 

 

Correction: This article was corrrected at 5:30 p.m. The headline was changed and the phrase sharply downward was removed.  

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Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew heads Houston Public Media's coverage of national, state, and local elections. He also reports on major policy issues before the Texas Legislature and county and city governments across Greater Houston. Before taking up his current post, Andrew spent five years as Houston Public Media's business reporter, covering the oil...

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