Outlook for the Texas Economy

General optimism from the Real Estate Center at Texas A&M University:

https://www.recenter.tamu.edu/articles/technical-report/outlook-for-the-texas-economy

That’s all a good read, but most relevant to this site:

Texas housing sales expanded across the state despite shortages of homes priced under $300,000. Current residential construction activity, measured by the Residential Construction Cycle (Coincident) Index, held steady as falling residential construction values offset industry employment growth. Increased weighted building permits and housing starts accelerated the Texas Residential Construction Leading Index (RCLI) to its highest level since April, signaling improvements in residential construction activity through year end. (For additional housing commentary and statistics, see Texas Housing Insight at recenter.tamu.edu.)

I’ll keep you informed.