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Updated over 4 years ago on . Most recent reply

Aaron Gordy's profile image
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Aaron Gordy
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  • from Austin, TX
  • Member since Feb 24, 2012
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Texas Real Estate Q&A Discussion Forum

Austin Texas Metro Area Unemployment dropped to 5.1% from 6.3%

Aaron Gordy
  • Real Estate Broker
  • Austin, TX
Posted

The latest numbers just came out. Austin unemployment dropped from last month. The overall employment increased from 1,182k to 1,193k. The unemployed decreased from 80k to 63.7k.  

That data alongside historically low interest rates, outdated land use code and lack of supply explains the appreciation in the metro. 

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Travis Lucy
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  • Austin, TX
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"That's right, you're not from Texas.  But Texas wants you anyway!"  - Lyle Lovett

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