Houston Tops U.S. Cities with Biggest Home Price Increases!
The Brookings Instituteput out their list of the top 100 U.S. Cities for home price increase for the second quarter of 2009....adjusted for inflation. Houston Texas topped the list with an increase of 4.9%.
This statistic helps justify the claims we have been making that Houston and Katy have one of the top real estate markets in the entire Country. Houston was followed on the Brookings Institute list by Wichita, Dallas-Ft Worth, Buffalo NY, Pittsburgh, Columbia SC, Syracuse, Baton Rouge, Rochester NY, and San Antonio.
Katy and Houston also have much lower unemployment then the National average which may also help housing market when compared to the rest of the Country.