A $20 million estate in Westlake tops the list of the 10 most expensive new listings in Texas.

Despite the new record in September, the rate of increase continues to slow. 

The new findings come from real estate tech strategist Mike DelPrete.

The increase follows two months of declines, the National Association of REALTORS® said. 

Multifamily construction, meanwhile, rose on a monthly basis. 

Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.      

At the same time, existing-home sales declined, and days on market rose.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs. 

New-home prices, meanwhile, were mixed among the state’s largest cities, according to the latest report from HomesUSA. 

The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Sales slid 1% compared to August, the National Association of REALTORS® said. 

The median sales price of a Metroplex home was down 0.8% year over year, at $396,870. 

Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.    

October’s increase comes as inflation slows and mortgage rates decline. 

The Metroplex lagged only New York and Chicago, which saw 9,381 and 7,719 properties change hands, respectively.

The median sales price also declined, sliding 0.3% year over year, from $404,300 to $403,040, according to the university’s Monthly MSA Spotlight.