Record-setting start to summer; Central Texas housing sale dollar volume tops $1B in May

The Central Texas real estate market shows no signs of slowing down, with the sales dollar volume for single-family homes in the Austin region reaching an all-time record $1.2 billion during the month of May. This marks the first time in 2017 that the sales dollar volume has surpassed $1 billion in a single month.

According to the Austin Board of Realtors’ monthly report, released Thursday, gains in listing activity and housing inventory should boost the real estate market in what was already projected to be a busy summer.

Click to read more at Austin Business Journal.