Report: Inflation to underscore 2023 housing market, San Antonio poised to recover better than other Texas cities

San Antonio can expect a softer landing than other Texas cities as the economy rebounds in 2023, according to new data from Texas A&M University's ...

December 22, 2022
12:50 AM

San Antonio can expect a softer landing than other Texas cities as the economy rebounds in 2023, according to new data from Texas A&M University's Texas Real Estate Research Center. The center recently released its forecast for the coming year, which shows the Texas housing market will be marked by elevated inflation rates and average interest rates higher than they were in 2022. 'What the Fed is trying to do is avoid a recession,' said Adam Perdue, a research economist at the center. Things will turn ugly if the rampant inflation experienced throughout the pandemic is met with a high rate of unemployment, Perdue added.

Ramzi Abou Ghalioum