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One month ago (Market Dashboard and Case-Shiller Index) I wrote that average and median sale prices in the Austin metropolitan area remain significantly below their peaks in May 2022. The Case-Shiller cities, on the other hand, peaked at the same time and fell as our market did, but then recovered over the following year. This … Continue reading
Last summer I posted a look at the distribution of home sale prices in the Austin metropolitan area (Update: Austin home price distribution). That view of prices through the first half of 2023 showed how the imbalance of housing supply and demand drove prices higher in 2022, and that market forces were calming the environment … Continue reading
I have commented here and in other messages that the Austin-area residential market remains more unpredictable than we have experienced for much of this very long market cycle. In the coming days, I provided a complete update of my Market Dashboard with refined data from the Texas A&M Real Estate Research Center, but this post … Continue reading
2023 was a challenging year for residential real estate, but the Austin-area market should see better conditions in 2024. Continue reading
Home sales are down across most of the Austin metro but our region is still very much in demand for starting and growing businesses. Building high quality housing inventory is the path to growth. Continue reading
The Austin metro housing market has been through dramatic change over the past 2 1/2 years. Look at this contrast with the rest of the market cycle. Continue reading
In March-April 2022 the Austin residential market saw a transition toward somewhat higher inventories and more balanced supply and demand. Continue reading
This is the third post in a series reviewing Austin-area home prices and summarizes the distribution of sales across specific price ranges. Continue reading
Bill Morris on Austin Real Estate 