Data & Reports

Housing sales grew modestly despite mortgage rates remaining elevated. The average home price grew alongside sales, with the cost rising over $9,000 since December 2023. Single-family starts and permits both increased as well.

Economic indicators along the border were mixed in fourth quarter 2023. Border employment grew and the unemployment rate fell; however, average hourly wages also fell due to declines in both El Paso and Brownsville.

Analysis of Austin’s, DFW’s, Houston’s, and San Antonio’s commercial markets.

Economic forecasts are tricky, what with so many state, national, and global variables at play (to say nothing about how a devastating weather event such as a hurricane or winter storm can reshuffle the deck mid-year).

Texas consumers remained confident in the economy with consumer confidence rising for the second consecutive month. The labor market started the year with slower growth with the Fed pausing rate hikes at a 23-year high.