Data & Reports

July saw an increase in home sales and a sharp rise in building permits. The previous month’s decline was partly due to fewer business days, which led to a spillover of activity in July. New listings fell almost 10 percent, but active listings fell by less than 1 percent, possibly due to the counteracting increase in sales for the month.

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.

Texas total nonfarm employment fell for the second consecutive month. The unemployment rate increased to 4.1 percent after sitting for three months at 4 percent. The rate of inflation continues to make progress with the Consumer Price Index (CPI) dropping to 2.9 percent year over year (YOY) in July from 3 percent YOY in June, and home sales bounced back after a major drop in June.

Border employment grew in 2Q2024 but not enough to prevent an increase in the unemployment rate. Housing sales had a better second quarter this year than last year, and home prices increased in three of the four border metros.