By the Numbers
All but one of the 10 most expensive new listings in the Lone Star State are located in the Dallas area.
S&P Dow Jones noted that although prices rose almost 2%, in real terms, they were down, thanks to inflation, which registered 3.4% in July.
New-home inventory fell to its lowest level since December.
The month-over-month bump in contract signings was still below the pace of last August.
Our August ranking of the top 10 most expensive homes sales features properties located in Dallas proper.
In Dallas-Fort Worth, specifically, buyers who wait until the last week of September to buy stand to see 18.8% more active listings.
Since the Hispanic Wealth Project’s founding in 2014, Hispanic household wealth has more than tripled across the U.S.
At the same time, the median-sales price rose again, as months’ supply of homes for sale hit a 10-year high.
The increase in purchase activity offset a decrease in refinancings.
Over the past year, more than 33% of rental listing page views in Dallas came from out-of-towners.
The Lone Star State’s top three priciest new listings are all located in Dallas.
The pace of home-price growth rose nationally but with significant regional differences.
Active buyers are looking for more expensive homes, while price-constrained buyers are looking at fewer homes altogether.
Of the 50 metro areas surveyed by NAR, several stood out for year-over-year gains in contract signings.
The move was an improvement over July, but sentiment still remained in negative territory.
This month, we’re taking a look at the priciest home sales on or near Lake Ray Hubbard.
