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Texas Land: The Lone Star State was named the top US market for land sales with a record 2021

TEXAS – Partly due to its cowboy heritage, Texas offers many wide, open spaces. So much so that the Lone Star State led all states in land sales in 2021.

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According to a new report from the National Association of Realtors and the Realtors Land Institute, the five states with the largest shares of land sales in 2021 were Texas (14.6%), Florida (12.8%), California (6.2%) , Georgia (5.3%) and Arizona (5.2%).

“Even with interest rates rising, I expect continued growth in home sales and prices this year, driven primarily by demand for multifamily and single-family homes,” said Lawrence Yun, chief economist for the National Association of Realtors.

Continue reading this article from our ABC13 partners at Houston CultureMap.

https://abc13.com/texas-land-realestate-top-us-market-sales/11815810/ Texas Land: The Lone Star State was named the top US market for land sales with a record 2021

Dais Johnston

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