San Antonio - New Braunsfels Appreciation Data
Hi everyone!
San Antonio - New Braunsfels home prices have been on outstanding for the past 7 years! We have been getting almost 6% appreciation. What do you guys think? Good? Bad? You think its sutainable?
I got the data from the TAMU Real Estate center.
https://www.recenter.tamu.edu/...
Regards
Most Popular Reply
Seems like it is. I look at the driving factors behind the appreciation - population growth, job growth, market sector, city developments and median wages. New braunfels gets a little tricky as there are a lot of residents who, pre covid, used to commute to San Antonio to work. Not sure how/what the situation there is now. TAMU puts out Texas triangle analysis every quarter with important metrics which will be good for you to look at as well. Hope this helps a little