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ECONOMIC INDICATORS FOR AUSTIN

December existing-home sales reached an all-time high in Austin, while home inventories held near all-time lows, suggesting demand in residential markets remains strong and supplies very tight.

The median home price in Austin slipped slightly in December to $287,355, mirroring a statewide decline in home prices. In 2016, price appreciation of Austin homes continued but slowed relative to the state average—December prices were up 4.1 percent compared with 12 months prior in the metro area but were up 5.7 percent for Texas.

Taken from the Dallas Fed Research Team 2-2-17

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