Austin Housing Report - thebubblebuster.com

SUMMARY HISTORY PEAKS & TROUGHS FORECASTS

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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%

AUSTIN, TEXAS - Q4:2006