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December 29, 2005

Fed: Happy New Year, Texas

If the housing market didn't go up in Texas as the rest of the U.S., it seems like it won't go down as much, either.

The Fed also offered an upbeat look at the state’s housing market. At present they see absolutely no evidence of a housing bubble or pending deflation in the housing market. While housing prices soared nationally by 12% in the third quarter of 2005 versus 2004, the Texas market only moved up 5.3%

 

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THE FED AGAIN: IT LOOKS LIKE A VERY HAPPY 2006

Posted on December 29, 2005 03:40 AM by House 78.
Filed in Real Estate under housing prices.
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