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. 

The priciest new listing in the Dallas-Fort Worth Metroplex is an $18,995,000 home listed by Amanda Gadison of Keller Williams Dallas Midtown.

The priciest new listing in the Lone Star State is an $18,995,000 estate in Caney, listed by Amanda Gadison of Keller Williams Dallas Midtown.

The latest reading of the National Association of REALTORS® Pending Home Sales Index shows a return to month-over-month growth after a decline in July.    

Prices were up 0.6% month over month and 2.3% year over year, according to First American Data & Analytics’ monthly Home Price Index report. 

The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000. 

In its monthly report, HomesUSA said home prices were relatively flat during the same period. 

The 2.5% decline followed a 1.3% increase in July, according to the National Association of REALTORS®. 

Closed home sales were down 4.3% year over year, according to the MetroTex Association of REALTORS®. 

The Metroplex also ranked No. 3 in the U.S. for new listings, according to the latest RE/MAX National Housing Report.    

Specifically, prices rose 4.3% annually after growing by 4.7% in June.