New Outlook for Texas Real Estate: Diverse Trends Emerge in 2024

The Texas real estate market in 2024 is expected to have mixed results. Single-family home prices may slow down or slightly decline, while other sectors like the multifamily sector are projected to experience growth. Factors such as economic output, job growth, income levels, consumer spending, population, interest rates, energy prices, politics, and global conflicts were considered in the analysis. Retail and industrial rents are predicted to rise, while office rents may decrease.

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