3 trends to watch for in Houston’s housing market amid the oil slump

Houston’s housing market has slowed down amid the oil slump. Single-family home sales declined slightly year over year in September, even though closing prices still reached record highs for the month, according to the most recent market report from the Houston Association of Realtors. But with oil prices hovering around $50 a barrel and the rig count slowly rising, there’s some optimism that Houston’s economy — and housing market — is starting to head toward a rebound, said Scott Davis,…

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