More single-family homes and office spaces are expected to be delivered across the state in 2024, according to a new report by the Texas A&M Real Estate Research Center.
In a nutshell
The center published its 2024 Texas Real Estate Forecast on Jan. 4, which examines big-picture trends that may affect the market. The center’s research team then uses several principles to project how the market will perform in 2024.
“The 2024 Texas Real Estate Forecast is not just a prediction,” research director Daniel Oney said in a statement. “It’s a thoughtful, consensus-based economic tool for empowerment. It equips real estate decision makers with the knowledge needed to navigate the complexities of the Texas real estate market.”
Two-minute impact
Several highlights from the report include: