Current Market Data
The increase was driven by refinancing activity as purchase applications dipped.
May brought a flurry of activity to the Dallas-Fort Worth market as new-home sales surged.
With everything from housing to gas to event tickets costing more, it may be impossible for fans to put a price tag on the joy of attending a once-in-a-lifetime World Cup match hosted in their hometown.
Existing-home sales and the median home price are forecast to rise 4% this year, according to the National Association of REALTORS® Chief Economist Lawrence Yun.
Starter homes now cost $1 million or more in a record 242 cities, up from just 80 in 2020, according to a Zillow analysis.
Among most of the counties encompassing the Fort Worth area, active listings decreased as home sales increased, with prices experiencing a slight annual decline.
The 3.8% month-over-month gain was almost four times what industry observers were expecting.
Paint color had the power to enhance value — and tank it.
This month, we’re taking a look at the priciest home sales in the Lewisville/Flower Mound area.
Home sales were steady in Dallas-Fort Worth in May, according to the latest Housing Report from the MetroTex Association of REALTORS®.
Inventory rose 3.3% month over month and 0.6% year over year to 1.55 million homes, which equals a 4.5-month supply of unsold inventory, NAR said.
Nationwide, it takes six years to break even on homeownership, down from an all-time high of 8.4 years in 2023.
Amid what Realtor.com called the most active spring in years, the housing market is finding a new equilibrium.
Looking ahead, Cotality expects home prices to rise 5.3% between April 2026 and April 2027.
The median sales price of new homes sold in April rose 8% to $422,500 from $391,100 in March, the U.S. Census Bureau and the Department of Housing and Urban Development reported.
All but one of the most expensive new listings in Texas in May were located in the Dallas-Fort Worth area.
