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        <title>Home sales in Houston take 25 percent hit due to Harvey</title>
    

























































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                    <div class="category news"><a href="#">Hurricane Harvey</a></div>
                <h1 class="headline">Home sales in Houston take 25 percent hit due to Harvey</h1>
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                         <time class="posted updated" datetime="2017-09-13">Posted: 3:43 PM, September 13, 2017</time>
                    <time class="updated" datetime="2017-09-13">Updated: 3:43 PM, September 13, 2017</time>
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                    <p>Homes are surrounded by floodwater after torrential rains pounded Southeast Texas following Hurricane and Tropical Storm Harvey on Aug. 31, 2017, in Orange, Texas.</p>
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             <p><strong>HOUSTON (AP)</strong> - Statistics from the Houston Association of Realtors show the Houston area&#39;s real estate market, which had been on track for a record year, has been hammered by Harvey.
                     <p>The sales organization reports the 7,077 sales for August represents a more than 25 percent drop from the same month a year ago. It&#39;s the first monthly decline in nearly a year.
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                  <p>The association&#39;s chair, Cindy Hamann, said Wednesday sales for the first three weeks of August were &quot;humming along&quot; and when Harvey hit in the last week of the month, &quot;everything came to a screeching halt.&quot;
                     <p>For the year, sales are up 1.8 percent from 2016. Hamann says the 4.4-month inventory of available housing is expected to shrink as people in need of homes buy undamaged properties.
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