Market Leaders Profile: Houston

Data and information on the Houston remodeling market

September 30, 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

About the Author


Overlay Init