ABOR: Austin home sales jump but activity slows in suburbs to north

The red-hot Austin-area housing market yielded some surprises in October. Single-family home sales across the region dropped 3.1 percent compared to the same period in 2015, while home sales in Austin proper increased 7.5 percent last month — reversing a year-long trend, according to figures released Thursday by the Austin Board of Realtors. New home sales are up 38 percent within Austin city limits so far in 2016, which is especially good news for homebuilders. “Home sales typically slow…

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