Update 17 July 2011: This blog entry was featured in Chandoo’s latest post So if you’re coming here from his site – welcome! Values in prime central London will be flat in 2018 – as buyers wait for a clearer picture of Brexit’s impact – before starting to rebound in 2019, London-based Savills said in a report. Before the flooding from Hurricane Harvey, Houston had been a rare, fast-growing U.S. metropolitan area that had retained an affordable housing market, although prices had risen in recent years and held steady through an oil-price crash starting in 2014 in this center of the U.S. energy industry.
It remains to be seen whether Houston – a region six times the size of the New Orleans metropolitan area – can better absorb the shock of losing so much supply all at once. You can zoom in on an interactive map to see what prices …