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The president-elect of the Austin Board of Realtors said she expects “a little bit of a decrease” when it comes to future Austin home prices as the previously red-hot housing market begins to show some signs of cooling off.

ABOR President-Elect Ashley Jackson said she doesn’t expect the price drop to be significant and stressed that the market’s fundamentals remain strong.

Her assessment comes after May home sales in the Austin metropolitan statistical area saw a 6.7% year-over-year decrease, although prices continued to rise by 19.6%.

Jackson talked with KXAN about the trends she’s seeing, and whether Austin is in a housing bubble.

This interview has been lightly edited for length and clarity.

Tom Miller: We’ve seen these skyrocketing…

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