TX: Real Estate Prices Stabilizing?

Texas is the one state to experience both a 3% annual job growth rate in June and relatively stable home prices this month.

The latest Monthly Review of the Texas Economy reports Texas had “robust” job growth for the year ending in June. The state’s private sector added 251,900 jobs, with an annual growth rate of 3%, according to Dr. Ali Anari, a research economist with the Real Estate Center at Texas A&M University.

When looking at jobs from a national perspective, the nation’s private sector added jobs at a 1.7% annual growth rate, according to the same report.

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