From statesman, April 21, 2009...
Sales of existing homes in Central Texas fell 22 percent in March — a six-year low for that month, according to the Austin Board of Realtors. The median price dipped 4 percent, to $180,000, though it was off just 1 percent for the first three months of the year.
March marked the 22nd consecutive month of sales declines, as the Austin market continues to feel the effects of the recession, housing slowdown and slower local job growth. But the year-over-year percentage decline was smaller than in January and February.
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Showing posts with label Austin Board of Realtors. Show all posts
Showing posts with label Austin Board of Realtors. Show all posts
Tuesday, April 21, 2009
Friday, January 23, 2009
Austin home sales down 21% in Dec.
From Austin Business Journal, January 20, 2009...
December 2008 single-family home sales in the Austin metro area were down 21 percent compared with the same month last year, while mediam prices declined 4 percent compared with December 2007, according to research from the Austin Board of Realtors.
But the drop in single-family home sales for December isn’t as severe as the 40 percent drop in sales logged in November 2008 as compared with November 2007.
Read more...
December 2008 single-family home sales in the Austin metro area were down 21 percent compared with the same month last year, while mediam prices declined 4 percent compared with December 2007, according to research from the Austin Board of Realtors.
But the drop in single-family home sales for December isn’t as severe as the 40 percent drop in sales logged in November 2008 as compared with November 2007.
Read more...
Friday, January 16, 2009
2009 Austin home starts projected to be half of 2007 total
From Austin Business Journal, January 7, 2009...
The news was bleak at the first joint economic housing forecast for the Home Builders Association of Greater Austin and the Austin Board of Realtors.
According to Eldon Rude, director of the Austin market for the market research firm Metrostudy, housing starts in 2009 will total roughly 6,000, a 25 percent drop compared with the 8,000 new home starts in 2008.
“Things will probably get tougher before they get better,” Rude said. Austin’s 8,000 new home starts in 2008 represented a sharp drop from the 12,400 new home starts in 2007.
Read more...
The news was bleak at the first joint economic housing forecast for the Home Builders Association of Greater Austin and the Austin Board of Realtors.
According to Eldon Rude, director of the Austin market for the market research firm Metrostudy, housing starts in 2009 will total roughly 6,000, a 25 percent drop compared with the 8,000 new home starts in 2008.
“Things will probably get tougher before they get better,” Rude said. Austin’s 8,000 new home starts in 2008 represented a sharp drop from the 12,400 new home starts in 2007.
Read more...
Friday, November 21, 2008
Austin home sales fall in October
From Austin Business Journal, November 20, 2008...
Single-family home sales in the Austin area fell 25 percent in October compared with the same month last year, and October’s active listings rose 5 percent from the same time last year, according to data from the Austin Board of Realtors.
Single-family home sales contributed $324 million to the Austin economy in October, down 24 percent from last October.
Median home price in October rose, however, to $192,520, a 7 percent increase from a year ago and a record for the month.
Read more...
Single-family home sales in the Austin area fell 25 percent in October compared with the same month last year, and October’s active listings rose 5 percent from the same time last year, according to data from the Austin Board of Realtors.
Single-family home sales contributed $324 million to the Austin economy in October, down 24 percent from last October.
Median home price in October rose, however, to $192,520, a 7 percent increase from a year ago and a record for the month.
Read more...
Median home prices rise in Austin
From KVUE, November 20, 2008...
While the housing market around the nation continues to suffer, Austin home prices climbed higher in October, according to a new report from the Austin Board of Realtors.
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While the housing market around the nation continues to suffer, Austin home prices climbed higher in October, according to a new report from the Austin Board of Realtors.
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Saturday, April 19, 2008
Central Texas Homes Sales Continue to Dip
From statesman.com, April 18, 2008...
Friday, April 18, 2008
Central Texas Home Sales Still Slow, But Prices Keep Rising
From Austin Business Journal April 18, 2008...
The Austin area's home sale tumble doesn't seem to be slowing down.
Sales of existing homes fell 21 percent to 1,832 in March, the ninth consecutive month to show a decline, according to figures from the Austin Board of Realtors. Meanwhile, pending sales are also down a record 54 percent to 1,349, an indication that sales are unlikely to pick up any time soon.
Read more...
The Austin area's home sale tumble doesn't seem to be slowing down.
Sales of existing homes fell 21 percent to 1,832 in March, the ninth consecutive month to show a decline, according to figures from the Austin Board of Realtors. Meanwhile, pending sales are also down a record 54 percent to 1,349, an indication that sales are unlikely to pick up any time soon.
Read more...
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