By the Numbers
The Northeast and Midwest remained strong, while Florida, which saw a major runup in prices in recent years, continued to cool.
The top four most expensive homes listed in Texas last month are located in the Dallas-Fort Worth Metroplex.
The 6.3% month-over-month decline was the steepest the U.S. market has seen since September 2022.
In Dallas, home prices inched up 0.19% year over year and 0.52% month over month in March.
The median-sales price was $440,000, up 2.3% year over year and 1.2% month over month.
The association noted, however, that 90% of the responses to its survey tracking homebuilder sentiment were received before the announcement of a 90-day reprieve in U.S.-China tariffs.
The most recent Weekly Mortgage Applications Survey shows homebuyer activity continued despite the economic uncertainty.
Homes that are professionally staged not only attract more attention from potential buyers — they also sell faster and for more money, according to data from the National Association of Realtors’® 2025 Profile of Home Staging.
Despite the deceleration, the company, formerly known as CoreLogic, expects prices to rise another 4.9% over the next year.
The National Association of REALTORS’® Pending Home Sales Index rose 6.9% in March, compared to economists’ expectations of a smaller 1% gain.
A four-bedroom, 4.5-bathroom mansion in River Oaks is the most expensive new listing in the Lone Star State.
The pace of sales rose 7.4% compared to February, topping analyst estimates by a large margin.
When broken down by profession, Dallas firefighters spend 128% of their income on homeownership, community and social service workers spend 82%, educators spend 80%, law enforcement officials spend 72%, healthcare workers spend 54% and lawyers spend 32%.
The surprisingly large decline in the pace of housing starts comes as builder sentiment remains depressed by tariff worries and high prices.
“Each interaction indicates buyer interest in that home, and listings with higher engagement levels tend to sell faster and at or above the list price,” Zillow Senior Economist Kara Ng explained.
Meanwhile, purchase applications showed their strongest increase in almost two months, rising 7% year over year.
