The San Antonio-New Braunfels Market just earned a standout distinction in the latest national housing data. According to the National Association of Realtors, pending home sales rose 3.8% nationwide in May — the fourth consecutive monthly increase — and the San Antonio area posted one of the strongest year-over-year gains of any metro in the country. The story was posted on Homes.com.
San Antonio-New Braunfels saw pending sales jump approximately 16% over the past year — the second-highest increase in the nation, trailing only Kansas City, and the only Texas metro to crack the national top 10.
What's Driving the Surge
Despite mortgage rates holding above 6.5%, buyers nationwide appear to be accepting higher rates as the new normal rather than waiting on the sidelines. NAR Chief Economist Lawrence Yun called it a sign of "pent-up housing demand" finally breaking through. While Sun Belt markets broadly saw declining activity, San Antonio bucked that trend — a sign of the area's continued appeal to relocating buyers and strong underlying demand fundamentals.
What This Means Locally
Rising pending sales today typically translate into closed transactions in the following one to two months. For San Antonio sellers, this data point reinforces real, active buyer demand. For buyers, it's a signal that competition may be building — particularly for well-priced homes in desirable areas.
Curious What This Means for Your Plans?
Bruce X. Forey tracks San Antonio market trends closely to help buyers and sellers make informed decisions. Reach out anytime: [email protected].
Source: Homes.com, citing National Association of Realtors data, June 2026.
