Central Texas’ housing market hit a milestone in July, as sales of existing houses soared to their highest monthly level on record.
The Austin Board of Realtors said 3,135 homes were sold in July in the Austin area, making it the highest-performing month since the board began tracking sales in the 1960s. The previous monthly record was 2,993 sales in June 2006, the board said.
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Has Austin’s housing market hit its peak, or is it still heating up? Real estate reporter Shonda Novak takes a look at that question, and at what could impact the market going forward. In Sunday Business