The Texas housing market is experiencing a significant increase in inventory, surpassing pre-pandemic levels, which may lead to a pricing correction. Following a pandemic-driven boom, migration has slowed, and high mortgage rates are affecting buyer demand. In February, active listings reached 105,867, the highest in a decade, with homes spending more time on the market. The median sale price in Texas fell to $337,800, reflecting a downward trend. Experts predict continued price corrections throughout 2025 due to rising inventory and reduced buyer interest.
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