Houston Housing Market by the Federal Reserve Bank of DallasThe Federal Reserve Bank of Houston had this to say about the Houston housing market ...

January 2007

"All the data aren’t in yet, but Houston can look back at very successful economic performance in 2006...

"Existing-home sales have been very strong, up 9.8 percent since November 2005, but with a median price increase of only 1.4 percent. Based on new permits, the National Association of Realtors ranked Houston the third-fastest-growing new-home market in the U.S. in 2006, behind only Atlanta and Phoenix."

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