Austin's Housing Market Cools Down Amid Pandemic, Says Zillow.

According to Zillow's March market report, the US housing market has seen accelerated home price growth and increased competition for record-low new listings. However, Austin's housing market has been cooling since the pandemic, with a 0.2% increase in month-over-month price growth that was less than the national average of 0.9%. Monthly mortgage costs were also up 14.7% month over month, listed at $3,152. Additionally, there has been a 0.1% drop in new listings since 2019 in Austin, and the overall inventory has decreased by 15.1% since March 2019.