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Measuring Up: Supply, Demand and Home Price AppreciationMeasuring Up: Supply, Demand and Home Price AppreciationBy M.A. Anari, James Gaines2006-10-20T05:00:00Ztierra-grande
Residential
From 2001-04, Texas' rate of average home price increase was 64 percent lower than the U.S. rate. While the demand for Texas housing increased significantly during those years, the corresponding growth in supply of housing units offset a great deal of the potential price increase. The five major Texas metropolitan areas average one home sale for every 23 residents, down from one sale per 34.5 residents a decade earlier. Meanwhile, the state's major metro areas issued an average of oue new single-family building permit for every 3.3 new residents, down from 4.4 new residents in 1980-84. Digital and Print1794https://www.recenter.tamu.edu/articles/tierra-grande/measuring-up-supply-demand-and-home-price-appreciation

 

 

Measuring Up: Supply, Demand and Home Price AppreciationMeasuring Up: Supply, Demand and Home Price AppreciationResidential
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