No housing bubble brewing thanks to strong economic conditions, report shows

by Staff Writer
Sep 22
  • Despite increasing housing prices, most markets are balanced by strong job growth, low mortgage rates and rising incomes, according to Nationwide’s Health of Housing Markets Report.
  • Austin, San Francisco, San Jose, Dallas and Houston home prices are 20 percent above pre-crash highs.
  • Five of the bottom 10 metro areas – or the least healthy housing markets – are located in Texas.

Although prices continue to climb, no other current signs point to a housing bubble in the near future, according to a new report.

Article image credited to Bychykhin Olexandr / Shutterstock.com