Austin area needs more housing supply, economist says
The Austin area housing market remains one of the healthiest in the nation, even as it grapples with affordability challenges and an undersupply of housing, a national economist said Wednesday. “Austin has had one of the fastest job growth rates in the country over the past decade and consequently one of the strongest housing markets with rising sales,” Yun said. But a shortage of housing inventory continues to plague the market, which has resulted in a run-up in home prices that have tripled since 1995, he said.
Austin ranks No. 3 in the nation for highest paying tech jobs
