Four major Texas metros were ranked among the least likely in the country to experience home-price depreciation in the next two years, all with less than a 1 percent chance.
On the list of 50 major U.S. metro areas, San Antonio placed fifth from the bottom with a 3.95 volatility rate and a 4.02 price appreciation in the second quarter of 2008.
Ranking third from last was Houston-Sugar Land-Baytown, which had a 1.74 volatility rate and a 4.44 price appreciation.
Dallas-Plano-Irving came in second to last, showing a 0.93 volatility rate and a price appreciation of 2.06.
Fort Worth-Arlington came out best with a 0.89 volatility rate and a 3.07 price appreciation.
All Texas MSAs had less than a 10 percent chance of prices decreasing in the next two years.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment