Houston Home Prices Increasing Steadily

While many U.S. cities that saw hard times during the housing crisis are gaining momentum this year, Houston-area home prices continue to go strong, according to residential property data provider CoreLogic (NYSE: CLGX).

The Houston-Baytown-Sugar Land area saw a 6.6 percent increase in single-family home prices in September compared to the same month in 2011, according to the company’s index that includes distressed homes.

Nationwide, home prices increased on a year-over-year basis by 5 percent in September — representing the biggest increase since July 2006.

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Authored By Shaina Zucker – See the Full Story at BizJournals.com

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