AQUA BOOK 2015 - Page 13

Corpus Christi Migrants & Housing Inventory ECONOMIC TRENDS Source: Real Estate Center, TAMU. Local households typically spend about 40 percent on housing. Local homes have become increasingly less affordable as home prices have appreciated at a pace comparable to that during the last real estate boom in the mid-2000s. By the end of 2014, the average home price had exceeded $200,000, as the median home price had topped above $175,000. Annual Review of South Texas Economy 11