San Antonio’s housing market expected to rebound, outpace its neighbor to the north

SAN ANTONIO – San Antonio’s housing market is expected to show positive growth next year, brushing past a recent slowdown brought on by rising interest rates and rapid price appreciation.

The data comes from a new forecast by Santa Clara-based Realtor.com, an online provider of real estate listings and related data, which analyzed home sales and price data in the nation’s 100 largest metros. Among the findings: San Antonio’s home sales are anticipated to climb 2.5% in 2023, while average prices are likely to increase by 4.6%.

While the price appreciation falls short of the national average of 5.4% mentioned in the report, San Antonio’s growth in sales volume is expected to far outpace the national rate of change, which Realtor.com predicts is set to drop by 14.1%.

Read Entire Article Here: https://www.ksat.com/news/local/2022/12/13/san-antonios-housing-market-expected-to-rebound-outpace-its-neighbor-to-the-north/