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Updated over 9 years ago on . Most recent reply
Impact of crude oil prices on Texas RE
Hi,
Just curious. Is there any connection between Texas house prices/ rents and the crude oil markets? Are they correlated?
Thanks.
Most Popular Reply

The short answer is no. As oil prices have been dropping over the last year or so home prices in Texas have been climbing. Texas has a very diverse economy now because of that oil no longer has the effect it once had on the economy here.