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AUSTIN, TEXAS - Q4:2006


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SUMMARY    HISTORY    PEAKS & TROUGHS    FORECASTS
1  |  Page 2  |  3  |  4   
The past couple of years have seen good price growth, rebounding nicely from a near three year period of falling real prices. The Austin mortgage-debt-to-income ratio has only slightly increased throughout the past five years, mirroring only a portion of the recent rise in the national ratio. Nominal and real prices should be expected to grow near historical affordability ratios as long as interest rates remain steady.

SEE PRIOR AUSTIN PEAKS & TROUGHS     Next >

Year

Nominal
Price History

Nominal
Price Growth

Real
Price History

Real
Price Growth

Austin Mortgage-Debt-to-Income Ratio
National Mortgage-Debt-to-Income Ratio
2001
$146,900
6.0%
$166,800
3.3%
14.8%
17.8%

2002

$149,600
1.8%
$165,500
-0.8%
13.8%
17.5%
2003
$149,900
0.2%
$162,700
-1.7%
13.4%
18.3%
2004
$153,300
2.3%
$162,300
-0.3%
13.2%
19.6%
2005
$163,600
6.7%
$168,400
3.8%
14.3%
22.6%
2006
$175,200
7.1%
$175,200
4.0%
14.6%
21.7%



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