Employment Growth Strong in Texas
November 27, 2019The Texas economy added nonagricultural jobs at a rate of 2.4 percent from October 2018 to October 2019, one percent higher than the national job growth rate, according to the Real Estate Center at Texas A&M University. Nongovernment jobs in Texas increased at a rate of 2.7 percent, compared to 1.5 percent in the UnitedRead More
Austin, Texas Real Estate Market Update and Statistics November 2019
November 25, 2019Austin-Round Rock Home Sales Increase by Double Digits in October 2019, Austin Breaks Record Austin-Round Rock Metropolitan Statistical Area home sales increased 16.8 percent in October 2019, while Austin home sales increased 14.5 percent to result in more homes being sold than in any October, according to the Austin Board of REALTORS® Central Texas HousingRead More
Austin, Texas Real Estate Market Update and Statistics October 2019
October 18, 2019All-Time High for September Austin Home Price The Austin median home price reached an all-time high in September 2019, rising 11.9 percent year over year to a price of $406,000, according to the latest Austin Board of REALTORS® Central Texas Housing Market Report. The city experienced a 14.8 percent year over year increase in homeRead More
Austin, Texas Real Estate Market Update and Statistics September 2019
September 17, 2019Austin Home Sales and Prices Up in August 2019 The summer home-selling season may be coming to an end, but the Austin-area market ended the season strong, with an increase of almost six percent in home sales and a two percent increase in median home price in August 2019, according to the Austin Board ofRead More
Texas Housing Sales Up 17 Percent in July 2019
September 11, 2019Following pullbacks in May and June 2019, housing sales in Texas increased 17 percent in July, with all major price ranges experiencing double-digit growth, according to the Monthly Housing Report by the Real Estate Center at Texas A&M University. Median price in Texas also hit a record high of $240,500, an increase of 3.8 percent.Read More
Austin, Texas Real Estate Market Update and Statistics August 2019
August 21, 2019Austin-area Home Sales Increase Double Digits to Break July Record Austin-area home sales increased 11.7 percent in July 2019, setting a July record with 3,439 home sales, according to the Austin Board of REALTORS® Central Texas Housing Market Report. Sales dollar volume for the area also increased by double digits, rising 15.4 percent to $1,407,009,110Read More
Following a Near-Record Spring, Texas Housing Sales Take a Breath
August 16, 2019Housing sales in Texas dropped 10.1 percent in June 2019, following a near-record April and May, according to the Real Estate Center at Texas A&M University, but “remained on an upward trajectory amid lower mortgage rates, rising wages, and more moderate home price appreciation.” Additionally, MetroStudy data cited in the report shows “second quarter newRead More
Austin, Texas Real Estate Market Update and Statistics July 2019
July 19, 2019Strong Gains for Central Texas Home Sales, Decrease in Austin for First Half of Year For the first half of 2019, the Austin-Round Rock Metropolitan Statistical Area experienced a 4.3 percent increase in home sales, while Austin home sales decreased by 1.6 percent, according to the Austin Board of REALTORS® June and Midyear 2019 CentralRead More
Texas Housing Sales Hover Near Records
July 8, 2019The pace of Texas housing sales “inched down” after April’s record-breaking numbers but experienced an upward track in May 2019 that resulted in near record levels in all of the major metros, according to the Real Estate Center at Texas A&M University’s Texas Housing Insight report. The monthly sales numbers maintained the growth the TexasRead More
Record Highs for Texas Housing
June 28, 2019Low mortgage rates and a strong labor market propelled Texas housing sales to record highs in April 2019, according to the latest Texas Housing Insight Report by the Real Estate Center at Texas A&M University. This increased sales activity is counteracting slight inventory gains, and while “momentum is building in the residential supply pipeline asRead More
