The market is still strong, said Wendy Cash, a broker at Austin area-based Century 21 Hellmann Stribling.
From 2020 until the middle of 2022, the Austin metro area experienced a massive influx of homebuyers and exponential home price growth.
April and May of 2022 marked the first slowdown in the Austin housing market, with 2023 being the lowest year in sales in the past 28 years.
Local real estate professionals emphasize that buyer demand in Austin remains strong despite recent headlines of homebuyers moving away from the metro area.
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