As the state economy grows and employment continues to rise, how are new home sales in North Texas faring? We have the answers in this week’s roundup of real estate news.
Texas Economy Still Growing Faster Than Nation
The Texas economy is still going like gangbusters, adding 271,000 nonagricultural jobs year-over-year in March, the Texas Real Estate Center’s Monthly Review of the Texas Economy revealed.
That’s an annual growth rate of 2.2 percent, which is better than the national rate of 1.7 percent. (more…)