While still one of the hottest in the country, Austin housing market is ‘calming’

Source: KXAN — 

Is one of the hottest housing markets in America finally cooling down? Perhaps, the Austin Board of Realtors say.

Compared to August 2020, home sales in the Austin-Round Rock housing market during August 2021 decreased 4.6%. However, median home prices were still at a record-high for August at $470,000 and sales volume increased nearly 19% to more than $2.2 billion.