
Nothing is slowing down the Texas housing market anytime soon, as home prices and the sale of single-family houses continue to rise with no end in sight. This housing juggernaut continues to create the perfect environment for residential builders and other general contractors, although some slight pressures in the labor market and a lack of lots for sale are weighing on the industry.
According to the 2015-Q3 Texas Quarterly Housing Report, and the Texas Association of Realtors, the state saw home sales rise 7.8 percent year over year, while the median home price rose 7.7 percent year over year.
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