Austin real estate news market data for June showed housing activity starting to ease off the throttle a bit and start pumping the brakes. According to the Austin Board of REALTORS® June and Mid-Year 2022 Central Texas Housing Market Report, a triple-digit gain in active listings year over year pushed housing inventory levels over two months in the Austin-Round Rock MSA for the first time since November 2019. Combined with a dip in residential home sales activity and slowing pace of home price growth in June, the data indicates a decelerating Austin housing market that is beginning to return to pre-COVID normalcy.
A year ago, homebuyers were more inclined to act on a macro level when looking at the low supply of available homes and the incredibly high demand. The