Data & Reports

Housing sales grew modestly despite mortgage rates remaining elevated. The average home price grew alongside sales, with the cost rising over $9,000 since December 2023. Single-family starts and permits both increased as well.

Analysis of Austin’s, DFW’s, Houston’s, and San Antonio’s commercial markets.

Texas real estate decisions impact everyone, from those buying or renting homes in the state’s smallest communities to global firms looking to relocate. Informed insights from our economic research team appear in this special forecast report.

The Texas economy remains resilient despite high interest rates. Employment skyrocketed and there is still a high participation rate. Home sales increased while the ten- and 30-year rates remained elevated. Texas consumer confidence fell as economic growth was stagnant.

Economic indicators along the border were mixed in fourth quarter 2023. Border employment grew and the unemployment rate fell; however, average hourly wages also fell due to declines in both El Paso and Brownsville.