Austin City Council on July 28 approved putting an affordable housing bond package on the November ballot.
Austin will need 117,107 new apartment units by 2035 to keep up with demand, according to a new study.
Austin is tied with San Antonio for third place on the list of the major U.S. cities with the most new homes for sale that were built in or after 2012.
With the median home price in the Austin metro area now well over $550,000, it’s no shocker that a lot of homes would be valued at $1 million or more.
Of the 107 U.S. metros with populations greater than 500,000, Austin ranks No. 2 for equity-rich properties.
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