RECON
September 28, 2010


HOUSTON (Houston Business Journal) – According to a new report from Veros Real Estate Solutions, Texas could lead the nation in home price appreciation over the next year.
Houston-Sugar Land-Baytown is expected to post the strongest home price appreciation of any U.S. city with a 3.8 percent increase in home prices, the report showed. Dallas and Amarillo ranked second and third with 2.7 percent, while Beaumont-Port Arthur landed at seventh.
Houston’s relatively low unemployment — 8.7 percent in August — contributed to the city showing an increase in home prices in the third quarter, and that trend should continue, the report indicated.

The Real Estate Center is part of the Mays Business School at Texas A&M University in College Station - the heart of the Research Valley.

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