Austin, TX Monthly Market Report - July 2023 скачать в хорошем качестве

Austin, TX Monthly Market Report - July 2023

The July 2023 Austin-Round Rock MSA Housing Report indicates that market activity continues to normalize and show resilience despite high interest rates. When considering July 2022 is when the market initially began to stabilize, the big fluctuations seen have started to even out. Potential buyers who have been on the fence about purchasing a home are seeing that interest rates are settling and elevated mortgage rates may continue, so it is time to act. The median sales price has declined year-over-year as buyers cannot afford the same price points with these higher rates. There is a rise of 14.5% in pending sales pointing to a strong finish in 2023. Despite mortgage rates rising, Austin’s economy–which is fueled by a strong labor market– continues to outperform national expectations.