The median price for homes in the state of Texas hit another all-time high in the second quarter of 2013 as demand for homes in the Lone Star State surged again.
"The first half of the summer selling season has been very busy for Texas real estate," said Shad Bogany, chairman of the Texas Association of Realtors. "Demand for homes steadily increased throughout the state, which has prompted competition for properties and is boosting prices."
On a statewide basis, 79,760 single-family homes were sold in the second quarter of 2013, up 17.78% from the same quarter of last year. This also represents the most homes sold in a single-quarter since the Texas Association of Realtors began this report in 2009.
Read more...Texas home prices reach all-time high | HousingWire
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