Geographically, trends varied widely, with formerly hot areas like Florida and the Southeast posting the deepest declines and formerly cool areas, like the Midwest, showing healthy gains.

Dallas-area homes top the November ranking of the 10 most expensive new listings in Texas, claiming the three most expensive spots.

By region, sales rose in the Midwest, Northeast and South but fell in the West. 

The typical asking rent for an average rental unit was unchanged at $1,678, while the median household income outpaced this acceleration, growing 4% during the same time frame.

The chief economist for the National Association of REALTORS® also predicts home prices will climb 4% compared to 2025. 

Agents from Williams Trew Real Estate were responsible for listing three of the 10 most expensive homes sold in Fort Worth in October. Williams Trew agents also worked with the buyers on three of the top 10 sales.

Annually, households need $110,800 to maintain monthly payments, assuming they spend 30% of their income on housing costs.

Nationwide, the median price for a single-family home increased 1.7% year over year to $426,800. Prices increased by the same annual rate during the second quarter.

Given the rate of sales, the nation had a 4.6-month housing supply, up from 4.2 months a year prior.

The most expensive home sold in Fort Worth last month stayed on the market for 118 days before closing.

The pace of home sales, meanwhile, remained at “multi-decade lows” even as affordability reached its most favorable level since 2022.

The pace of home-price appreciation declined to its weakest pace in 10 years, according to the S&P Cotality Case-Shiller U.S. National Home Price Index. 

The priciest new listing in Texas this past month is a $22 million estate that spans 14,341 square feet — that’s over $1,500 per square foot.

The pace of new-home sales hit an annual rate of 800,000, its highest level since January 2022. 

Fannie Mae also reduced its forecasts for home sales in 2025 and 2026. 

The move was widely anticipated and is expected to be followed by additional cuts this year.