Houston’s housing market less expensive than U.S. average

Despite the inventory issue hitting the Houston housing market hard in the first quarter across all home categories, the region remains more affordable than the U.S. average.

The Council for Community and Economic Research (C2ER) released its Cost of Living Index for Q1, surveying 260 urban areas total. C2ER delineates housing costs specifically, comprised of 73.8 percent homeownership and 26.2 percent apartment rent …

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