April 12, 2010

Austin home prices will increase Q1, 2011

Austin area home prices are expected to stop falling in the final quarter this year, according to Federal Housing Finance Agency and Moody's Economy.com data.Price Map

The Fiserv Inc. (Nasdaq: FISV) report released today projects Central Texas residential price tags rising in the first quarter next year, reaching levels from before the recession by 2016.

The document estimates prices will have fallen about 4.8 percent by the time it reaches the trough at the end of the year. It said prices began the free fall in the final quarter 2008.

Read more: Report: Austin home prices will increase Q1, 2011 - Austin Business Journal:

Apr 12, 2010 12:00:49 PM | Austin Real Estate

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