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tech-boom,-then-layoffs,-leave-lasting-mark-on-austin-housing-market
Tech Boom, Then Layoffs, Leave Lasting Mark on Austin Housing Market

Tech Boom, Then Layoffs, Leave Lasting Mark on Austin Housing Market

Last updated: April 21, 2026 4:48 pm
By
Bill Pan
1 Min Read
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Tech Boom, Then Layoffs, Leave Lasting Mark on Austin Housing Market

A home for sale in Austin, Texas, on March 19, 2024. Brandon Bell/Getty Images

The aftermath of Austin’s tech boom in the COVID-19 pandemic era, and the layoffs that followed, are still reshaping the Texas city’s housing market, according to a new report.

During the COVID-19 pandemic, an influx of tech workers created an unprecedented spike in housing demand that sent sales and property values soaring, according to a report released on April 20 by Homes.com.

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