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At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985.
Dallas-Fort Worth has 2,725 units in its office-to-apartments pipeline.
A majority of the most expensive new listings in Texas are located in the Dallas area, although the priciest new listing is located in Manor, an Austin suburb.
On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C.
For the first time in two years, home prices are on the rise in every major metro and both Dallas and Fort Worth are among them, according to a new Redfin report.
The median existing-home price for all housing types in December rose 6% from its year-ago level.
Frisco and McKinney are the U.S. cities that have added the most housing inventory since 2005, according to a report from StorageCafe.
Nationally, home sales were up 13.3% year over year and 4.4% month over month, RE/MAX said.
These were the 10 most expensive sales in the Dallas-Fort Worth area in December. Note that listing prices may differ from actual sales prices.
Zillow has released its list of the hottest real estate markets predicted in 2025 and Dallas has made the rankings.
Thirty-five percent of all master-planned community sales last year were in Texas, according to RCLCO Real Estate Consulting.
Compass agents listed four of the 10 most expensive listings in Texas this past month, with properties in Dallas, Highland Park, Fort Worth and Houston.
In its last reading before the end of the year, the National Association of REALTORS® Pending Home Sales Index posted its fourth consecutive monthly increase in November.
The median-sales price slid from $425,600 in October to $402,600 last month.
The year-over-year increase of 6.1% is the greatest since June 2021, according to the association.
More buyers are touring homes and applying for mortgages as the 2024 housing market enters its home stretch, according to a new Redfin report.