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Market Leaders Profile: Houston

Oct. 1, 2009

 

Population: 5,728,143 (21.5 percent increase since 2000)
Existing home sales: Q2 2009 sales were down 20.7 percent from 2008, but up 36.6 percent from Q1
Home prices: Up 2.42 percent from 2008 and up 23.95 percent over last 5 years
Homeownership rate: 62.3 percent (No. 57 among major metros)
Median household income: $51,685
Sources: FHFA House Price Index, Houston Association of Realtors, U.S. Census Bureau

RELATED LINKS

Podcast on Houston market with Roland Younger of Living Improvements

Houston Business Journal: Report: Houston area among strongest markets in second quarter 

Houston Chronicle: Houston area home sales drop further in August 

Remodeling Strong in Houston 

The Corner Office: Crawford Renovation

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