Tx and you can Florida saw surging consult when you look at the pandemic, and this lead to reasonable inventory membership and you can climbing pricing. However, just like the increase of home loan prices for the middle-2022, need for home throughout these section dried out, ultimately causing a buildup in the index.
Some segments, like Austin (+twenty eight.9%), San Antonio (+twenty-seven.4%), and you can Denver (+fifteen.2%), including four other people , actually spotted inventory rise returning to, or more than, pre-pandemic profile due to the fact federal catalog continued so you can suffer.
Read moreColorado and Florida metros come across losing off repayments as the catalog climbs