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Aug 23, 2024

2024 Texas Real Estate Forecast SUMMER UPDATE

Forecast-cover
By
TRERC
The 2024 Texas Real Estate Forecast Update by the TRERC Research team. IT outlines key macro drivers influencing the real estate market, comparing their projections from Spring 2024 to Revised Summer 2024. While economic output, job growth, interest rates, income, spending, and population estimates remain largely unchanged, the Consumer Price Index (inflation) projection has been revised upward. Notably, the projection for Henry Hub Natural Gas Prices has been revised downward. The update also highlights the U.S. Supreme Court's overturning of the Chevron Doctrine, which is expected to have significant legal and geopolitical implications.

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