San Antonio Housing Market Sizzled in 2016

The San Antonio housing market sizzled in 2016.  We broke the 2006 record for number of sales in a single year. 27,154 homes sold in 2015. All reports indicate 2016 will be just as strong and maybe stronger than 2015. The 2015 job growth rate in San Antonio was 3.6% or 35,000 jobs. However, with the price of oil tumbling, the job growth rate is predicted to be 2-3% which will affect home sales. The job growth rate for the state of Texas is predicted to be 1.4% so San Antonio is predicted to do better than the state overall.

 

 

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