Texas is facing what most of the country is experiencing in home sales, construction and rents, according to a recent report from The Texas Real Estate Research Center.
"Existing single-family rent and price growth will moderate with the potential to turn negative on a year-over-year basis," according to its lead housing data analyst, Joshua Roberson.
"The rapid pace of rent and purchase price appreciation over the last two years was never sustainable and would have been forecast to slow even in the absence of other headwinds."
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