: 2.5% Vacancy rate
: 3.3% Construction permits
: 8.7 per 1,000 homes
Omaha’s housing market weathered the storm better than most housing markets, as home prices only fell by 4.3% from peak-to-trough. The economy of Omaha has been particularly strong. As of October 2012, the unemployment rate in the Omaha metro area was just 3.9%, about half that of the national unemployment rate that month. Job growth in the first 10 months of the year was at 2.5%, which was among the top quintile of all metro areas. The median asking price per square foot in the first eight months of 2012 was a modest $79.96, which was the 14th lowest out of 100 metro areas.
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