COLLEGE STATION (Real Estate Center) – We've just added two more articles to our online research library — one looking at Texas' labor market, the other at the state's housing market.
"Texas Job Market Outpaces Nation's"
Texas’ labor market had a stronger recovery after the Great Recession than did the nation’s, writes Center Research Economist Dr. Ali Anari. Jobs created were concentrated in larger metro areas, but higher oil prices also increased Midland’s and Odessa’s job gains.
"Home Prices, Incomes Create Affordability Gap"
Housing affordability rests on the relationship between home prices and household incomes, both of which have risen over the past two decades. Since the Great Recession, however, home prices have increased, but incomes have not kept pace, casting uncertainty on future Texas home affordability. Written by Center Research Economist Dr. Jim Gaines.
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