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Updated over 4 years ago on . Most recent reply

Aaron Gordy's profile image
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Aaron Gordy
  • Real Estate Broker
  • from Austin, TX
  • Member since Feb 24, 2012
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Aaron Gordy
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  • from Austin, TX
  • Member since Feb 24, 2012
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Aaron Gordy
  • Real Estate Broker
  • Austin, TX
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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That data alongside historically low interest rates, outdated land use code and lack of supply explains the appreciation in the metro.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
  • Specialist
  • from Austin, TX
  • Member since Jul 30, 2017
  • Posts 23
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  • Experience 26 Yrs
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Travis Lucy's profile image
Travis Lucy's profile image
Travis Lucy
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  • from Austin, TX
  • Member since Jul 30, 2017
  • Posts 23
  • Votes 27
  • Experience 26 Yrs
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Travis Lucy
  • Specialist
  • Austin, TX
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Travis Lucy
  • Specialist
  • 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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