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Home prices in the Austin area increase
Date: Thursday, October 6, 2011,
Austin area home prices increased by 1.6 percentage points in August over the same period last year, according to the latest data from the CoreLogic Home Price Index.
That figure factors in distressed properties as well. Excluding distressed assets, year-over-year prices increased by 1.8 percentage points during the same period.
The increase follows slightly higher averages in July when home prices grew by 1.2 percentage points including distressed homes, and 1.8 percentage points when distressed property was excluded.
Jim Young
Sabot Development, Ltd
512-565-7509
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