Austin Housing Market Remains Strong
Published Friday, May 12, 2006 by Real Estate Pro | E-mail this postAs cities line Boston, Los Angeles and Miami see rising inventories of unsold homes, the Austin market is seeing fewer and fewer homes for sale. Central Texas job growth, the strongest in Texas, is responsible for much of the demand for homes. We saw job growth of around 4.5% in 2005. Because of that, we've seen a 14% rise in the sale of single-family homes for the first quarter of this year. We've also seen the continued trend of rising prices.
Tagged: Texas
Austin Housing Market Remains Strong