Real estate is becoming less affordable amid rising inflation and interest rate hikes.
– The housing market in San Antonio is showing signs of slowing down as real estate becomes less affordable amid rising inflation andHome sales are down and prices are up in the San Antonio area, according to the latest statistics from the San Antonio Board of Realtors.
San Antonio isn’t the only Texas city experiencing a decline — home sales were down across the state. Average home prices increased by 10% and median prices by nearly 12% from a year ago. The average price for a home sold in San Antonio in September was $389,372, SABOR reported.
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