September 2014 – Austin-area home sales declined for the second consecutive month in August 2014 as rising home prices and housing affordability issues continue to affect the Austin-area housing market. According to the MLS report released today by the Austin Board of REALTORS® (ABoR), Austin-area home sales decreased four percent year-over-year to 2,835 single-family home sales in August 2014. 

This is pretty typical for this time of year once schools starts.