Slideshow
May 2011
10 Cities Where Home Prices Have Held Up Most
9. Houston, Tex.
Median home price: $ 154,000
Change in price since peak (Q2 2010): -1.8%
Unemployment rate: 8.4%
Foreclosure rate: 1 of every 209 housing units (0.48%)
In this center of the energy industry, with its three Gulf Coast ports, higher oil prices mean work -- and steady home sales. Throughout the national real estate boom, the housing market in Houston, like the state of Texas generally, enjoyed affordability and small but steady home price gains. Although sales are rising, prices have plateaued. The metro area has a strong economy, with good job growth that has been attracting job seekers.
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