: 2.6% Vacancy rate
: 3.0% Construction permits
: 8.1 per 1,000 homes
The housing market in the Fort Worth area has improved in 2012. Jobs in the mining, logging and construction sector grew by 9.4% from October 2011 to October 2012. Meanwhile, jobs in both the education and health services and professional services, the two largest nongovernment sectors, grew by 5.7%. Houses in the Fort Worth are generally cheap compared to most large metro areas. The median asking price per square foot from November 2011 to November 2012 was just $77.70, which was the 10th lowest among the 100 largest housing markets. Nearby Dallas had a median asking price of $89.72 per square foot, while Austin, about a three-hour drive away, had a median asking price of $107.35.
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