2022 Houston Real Estate Market Forecast | Virtuance
Abstract
What does the future hold for real estate in Houston? How will the city continue to evolve? What trends should you watch out for? Houston is America's fourth-largest city. So what does the future hold for the Houston real estate market? 2022 Houston Population Growth Projections The Greater Houston Area population grew from 4.8 million in 2010 to 5.2 million in 2015. Houston Home Prices & Sales The COVID pandemic and subsequent housing boom affected Houston and many other metropolitan areas across the United States. 2022 Houston Housing Market Outlook Home sales in Houston continue to decline since their peak in 2012. Real Estate Trends in Houston While Houston is still recovering from the effects of the coronavirus pandemic, the city is seeing positive signs of improvement. Average Rental Prices in Houston, TX Renters expect to pay about $1,100 monthly for a one-bedroom apartment in Houston. Houston Real Estate Investment Outlook While Houston real estate prices have dropped by nearly 20 percent since 2006, they remain far higher than the national average.
