By the Numbers
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The new findings come from real estate tech strategist Mike DelPrete.
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The increase follows two months of declines, the National Association of REALTORS® said.
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Multifamily construction, meanwhile, rose on a monthly basis.
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Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.
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At the same time, existing-home sales declined, and days on market rose.
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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.
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New-home prices, meanwhile, were mixed among the state’s largest cities, according to the latest report from HomesUSA.
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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.
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Sales slid 1% compared to August, the National Association of REALTORS® said.
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The median sales price of a Metroplex home was down 0.8% year over year, at $396,870.
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Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.
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October’s increase comes as inflation slows and mortgage rates decline.
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The Metroplex lagged only New York and Chicago, which saw 9,381 and 7,719 properties change hands, respectively.
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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.
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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.
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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.