Wednesday, September 12, 2012

Houston a Top Metro for Economic Health via Real Estate Center at Texas A&M University

Houston ranks No. 6 in a new analysis that measures the economic health of 102 major metropolitan areas.

Houston received overall score of 75.523 in the Business Journals’ On Numbers Economic Index, which is calculated by an 18-part formula. It also ranked No. 8 on the short-term index and No. 7 on the long-term index.

Houston’s private sector grew 5.19 percent in the past five years, with 4.11 percent growth over the past year. Similarly, the area’s house appreciation increased 5.82 percent in the past five years and 4.14 percent over the past year.

Read more...Houston a Top Metro for Economic Health via Real Estate Center at Texas A&M University

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