Texas Home Prices Show Increase
(Dallas Morning News) – All of the Texas cities tracked in a recent survey by the National Association of Realtors had increases in home prices in third quarter 2006. Statewide prices were up 8.6 percent, one of the largest such increases in the country.
The biggest jump was in El Paso, which was up 14.3 percent. Meanwhile, Austin had the highest median price in the state at $175,500.
The rest of the United States saw a 1.2 percent drop in median home prices, with home prices falling in 45 of the almost 150 markets tracked in the survey.