Texas Realtors just released their Texas Quarterly Housing Report for 2019’s Second Quarter!
We’ve included the Dallas Forth Worth area statistics here for you. Home prices are still increasing, 1.9% higher than last year’s prices. However, Active Listings have gone up 13.7% since last year! That means there is are more homes on the market today than a year ago. As inventory continues to increase, we may begin to see a shift to a more balanced market and even a buyer’s market in the coming months.
You can view the full report here: https://www.texasrealestate.com/wp-content/uploads/TQHR_2019_Q2.pdf