The Texas Housing Rebound to Continue
The Texas housing rebound shows no sign of letting up, but the rapid rise in home prices could taper off, according to a new report by the Federal Reserve Bank of Dallas. “Stronger-than-average employment growth and consistent in-migration should continue boosting demand for homes,” business economist D’Ann Peterson said in the Dallas Fed’s Southwest Economy quarterly report.
Dallas Morning News, June 15, 2013
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DFW Area Gains One Million Every 7 Years
The U.S. Census reports that the DFW Metro, now the 4th largest in the nation, is set to have a net gain of over one million people every seven years. This is expected to continue for the next 25 years.
U.S. Census
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