Economy and Housing Prices in Texas Rank Highest

lexingtonlogoiphone.pngTexas cities and metropolitan areas boast the strongest economies in the United States, according to a just-released analysis by the Brookings Institution.

In a second-quarter comparison which analyzed the economies of 100 US cities, Austin Texas ranked first, Dallas–Fort Worth ranked fourth and El Paso sixth.

Houston’s economy, ranked ninth in the comparison, but ranked first among cities with the biggest increases in home prices. In Houston, home prices jumped 4.9 percent over the last year.

In ranking cities with the strongest home prices, third-ranked DFW had a 3.8 percent increase in home prices, while tenth-ranked San Antonio had a 3.1 percent increase.