Houston’s homes projected to become more expensive (HBJ)

The graph above uses data and projections from Esri, a geographic information systems company. Blue columns indicate the number of owner-occupied housing units at each price point in 2015, and the orange columns indicate the number of owner-occupied housing units at each price point in 2020.

Photo Courtesy of HBJ

By Madison Henry

Despite concerns that home prices will fall due to the oil slump, projections from Esri, a geographic information systems company, show that the number of Houston homes valued $250,000 and greater will increase by more than 40 percent by 2020.

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