Colleges and universities are having a strong effect on housing across the country, with metros that have heavy
university influence outperforming national rates in home price trends, according to latest Home Data Index Market Report. "College towns are just another example of how real estate trends are impacted by local market conditions," says vice president of research and analytics. "It's clear a significant portion of loan dollars are going toward student housing costs, thereby creating a critical demand surge. Market Report finds in a sample of 10 metros that each have a university presence, average price growth has been 32 percent since 2004. In some places, price growth has been even more, Read more.
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