Houston Economic Update from the Federal ReserveHere is the lastest Houston housing update from the Federal Reserve Bank of Dallas ...

February 2007

"The Houston housing market has cooled in recent months from the torrid pace of early 2006, but existing home sales were still solid in January, at 8.1 percent above the year earlier. New home sales have flattened out, as some national builders struggle with balance sheet problems in markets outside Houston. Single-family permits peaked earlier than usual last year—in May—and are down 10.9 percent from January 2006..."

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