Market Update

November home sales for the greater Dallas area just clocked in with yet another amazing month of results--sales of single family homes up 23% and median sales prices up 13% vs year ago November.  Sales of condos and townhomes were also 27% higher with median sales...

Historically low interest rates, still at or near 2 5/8% for a conventional loan and with good credit, is driving the bus towards a record year in Dallas area home sales.  These remarkable rates produced another double-digit increase in single-family home sales, this...

September sales of single-family homes in the Dallas area were up 27% from year ago, a new record. This was the fourth consecutive months of double-digit increases in unit sales.  We have never seen a September like this, but then again, we have never seen such...

The Dallas home sales success of the summer continues, with August sales posting an 11% increase, following a 25% increase in July and 16% in June.  Median sales prices were up 9%, just as in July This surge in demand is due to incredibly low mortgage rates and a...

HOME SALES UP 25% IN DALLAS IN JULY!  This is not fake news. Following an amazing 16% rise in home sales in June vs year ago, we even topped that achievement in July. Nationally, sales of previously owned homes were also up 25%, representing the strongest monthly gain...

What a rebound!  Dallas area sales jumped16% in June versus last year, as pent-up demand and incredible mortgage interest rates took charge of the market. With precautions agains virus spread being honored by Realtors and their customers, buyers were busy with...

As anticipated, Dallas area home sales in May got hammered.  For the 22-county area, sales were down 25% and the median price of home sold was down 1%, our first dip into negative territory in quite a while.  For the first five months of the year, sales were down 6%...