population explosion

Austin Population Explosion Continues

AustinTowers Downtown Condo Blog  Sun, 02/27/2011 - 9:03pm

Austin's population continues to rapidly grow. For real estate owners, this may be good news -- increasing population with static supply often means price appreciation.

While real estate prices in Austin have stayed relatively flat, rental rates are beginning to soar. Over the next few years, as the population is predicted to continue to soar, central Austin real estate prices may well follow.

The Census is conducted every decade -- this is our first look at the actual Austin results from the last 10 years.



 

Analysis: Downtown Condo Supply & Demand

AustinTowers Downtown Condo Blog  Thu, 11/05/2009 - 8:12pm

Over the last ten years, the Austin metropolitan area population has grown by 500,000 people.

Over the last three years, 100,000 more people have moved to Austin than have left the city. In 2008 alone, the Austin population increased by more than 60,000 people.