NORFOLK, Va. (Homes.com) – More than a third of the nation’s top 100 regional housing markets are continuing their “significant” rebound from the recession, Homes.com reports in its latest “Rebound Report.” And six of the strongest markets are in Texas.
San Antonio-New Braunfels ranked first on the list with a rebound value of 227.2 percent (a value of 100 percent or higher means the area has fully recovered any price decline from the recession).
Houston-Sugar Land-Baytown ranked second at 217.98 percent, followed by Austin-Round Rock-San Marcos at 214.38 percent.
Dallas-Fort Worth-Arlington landed sixth with 198.81 percent, followed by McAllen-Edinburg-Mission with 179.24 percent. El Paso closed out the top ten at 129.28 percent.
No Texas markets were among the bottom ten.
To compile the rankings for its rebound report, Homes.com used its local market index data back to 2000, focusing on data from 2005 forward to isolate the recession’s impact.