NEW YORK – Austin and Dallas-Fort Worth have landed on National Mortgage News’ list of the 12 hottest housing markets in 2022.
The Texas capital ranked fourth with a five-year annual projected population growth in 2022 of 2 percent. Austin also had projected employment and housing growth rates of 2.4 percent and 2.6 percent, respectively.
The report pointed out the number of high-tech companies moving into Austin as a major draw for the city.
Dallas-Fort Worth ranked seventh, particularly for the influx of new jobs and diversity. The metro’s five-year annual projected population, employment, and household growth rates in 2022 are 1.4, 1.6, and 1.8 percent, respectively.
The rest of the top 12 rankings are:
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No. 1 Nashville, Tenn.;
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No. 2 Raleigh/Durham, N.C.;
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No. 3 Phoenix;
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No. 5 Tampa/St. Petersburg, Fla.;
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No. 6 Charlotte, N.C.;
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No. 8 Atlanta;
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No. 9 Seattle;
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No. 10 Boston;
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No. 11 Salt Lake City; and
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No. 12 Denver.
The Texas Real Estate Research Center has a wealth of economic information online for free.
Source: National Mortgage News