Houston the Current Hot Spot for Housing; Riverside and Miami take Hardest Hits
Abstract:
Four accompanying tables reveal much about U.S. metro housing markets through November 2007. Houston is widening its lead over Atlanta as the top single-family housing market in the country. Houston has also moved into second place on the list of the largest multiple-family housing markets, ahead of much larger Los Angeles and Chicago. New Orleans and Las Vegas are the only large cities on the list of largest increases. Finally, Riverside and Miami are the hardest hit of the major housing markets.
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Four accompanying tables reveal much about U.S. metro housing markets through November 2007. Houston is widening its lead over Atlanta as the top single-family housing market in the country. Houston has also moved into second place on the list of the largest multiple-family housing markets, ahead of much larger Los Angeles and Chicago. New Orleans and Las Vegas are the only large cities on the list of largest increases. Finally, Riverside and Miami are the hardest hit of the major housing markets.