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Redfin's study shows monthly mortgage payments dropping $164 from peak.
Four separate indexes released Tuesday show increases in home prices as much as 5.5%.
October sees a mixed bag for the housing sector, with a rise in building permits and pending sales but a decline in completions and closed home sales.
A significant income increase required as housing affordability erodes. First-time buyers regain footing in the market.
Redfin report says the market segment might soon cool, though.
Prospective homeowners are exploring the possibility of departing from Austin due to persistent high housing expenses.
