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Is San Antonio in a housing bubble? Economists and Realtors don't think so


Is San Antonio in a housing bubble? Economists and Realtors don t think so
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Construction of new homes is increasing in San Antonio and nationwide.Kin Man Hui / Staff photographer
San Antonio’s housing market is sizzling, conjuring memories of the sales boom before the last big bust.
During the coronavirus pandemic, prices and sales have surged as buyers seize on low interest rates and seek more space as they adjust to working from home.
The median price of a house sold in the area jumped 12 percent to $268,500 in March, according to the San Antonio Board of Realtors. Houses lasted an average of just 45 days on the market, down about 35 percent from 69 days a year ago. ....

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