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Texas trough to Texas surgeTexas trough to Texas surgehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=68182013-07-16T07:09:00Z2013-07-16T00:00:00Z

TEXAS - It’s no surprise that Texas cities placed on a national list of improving metro regions for residential real estate.

Twenty Texas cities appear on the list of 255 U.S. metropolitan areas included on the July National Association of Home Builders/First American Improving Markets Index.

The group tracks housing markets that are showing signs of improving economic health across three sectors: job growth, house-price appreciation and single-family permit growth. It includes regions that have shown improvements for six months since their respective troughs.

Seven of the 20 Texas metropolitan areas are ranked by each sector since their respective troughs.

NAHB/First American Improving Markets Index Ranked by Category
City Permits trough
date
Rank Growth from
trough
Prices trough
date
Rank Growth from
trough
Employment
trough date
Rank Growth from
trough
Odessa 02/28/09  1 20.8% 10/31/10  1 25.4% 08/31/09  2 29.5%
Midland 04/30/09  3 3.2% 01/31/10  2 22.1% 09/30/09  1 30.4%
Victoria 09/30/10  2 4.4% 02/28/11  3 14.1% 11/30/09  7 9.9%
Austin 07/31/11  4 2.3% 01/31/11  5 9.9% 09/30/09  3 12.7%
Houston 02/28/09  6 1.7% 08/31/11  4 11.9% 12/31/09  5 11.3%
Laredo 12/31/08  5 1.9% 07/31/12  6 8.2% 08/31/09  6 10.6%
Longview 05/31/09  7 1.3% 01/31/12  7 6.2%  10/31/09  4 11.5%


Sort the list yourself for all 255 areas. See the NAHB/First American Improving Markets Index Excel file from July 8, 2013.

Houston Chronicle
Texas
Housing
http://blog.chron.com/primeproperty/2013/07/housing-market-houston-and-nation-continue-to-improve/Read more at {Source}

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