Texas Housing Insight

December 2022 Summary

Housing was one of the primary contributors to inflation in 2022. The pandemic-induced housing frenzy officially ended when the Federal Reserve began raising interest rates in June in an attempt to curb inflation. Since then, mortgage rates and the possibility of a recession sidelined many potential buyers. Demand in Texas plummeted as annual housing sales fell more than 10 percent. Supplies started returning to pre-pandemic levels. Amid 2022’s drastic changes, many housing indicators improved as homebuilders and buyers quickly adapted.

View the full Texas A&M Housing Insight report.

Housing Reports

Texas

DFW Metroplex

2023 Reports

MetroTex provides current and relevant monthly and annual data reports with the support of the Texas Real Estate Research Center at Texas A&M University.Note: NTREIS no longer provides boundary data for MLS defined areas; therefore, that section of the report has been removed.

Previous Reports

January 2023 Texas A&M Housing Market Report

Texas A&M Data Series Descriptions

Housing Activity

Data Series Description

Housing statistics are based on listing data from over 50 MLS (Multiple Listing Service) systems in Texas. Statistics for each geography were calculated based on listings of properties physically located within the mapped area presented with the statistics.

Geographic Definitions

Metropolitan Statistical Area (MSA): Based on the multi-county area specified by The Office of Management & Budget in 2013.

Local Market Area (LMA): An area defined by the local Association/Board of REALTORS representing a logical market of homes that can be grouped together for meaningful statistical reporting.

Getting More Detail

For more detailed statistics about local areas, existing vs. new homes and breakout by property type, contact your local REALTOR® association. Click here for a list of contacts.

Data Release Dates

Statistics for geographies outside of the Houston metro area will be released on/near the 20th calendar day after month end. Statistics for the Houston metro area will be released on/near the 40th calendar day after month end.