Market Update

The October Surprise this year was the double-digit increase in Dallas area home sales vs year ago.  The rate of growth in home sales had been drifting down since March and seemed mired in single digit growth. September sales were just 3% higher than last September. ...

September home sales continued their upward trajectory, but at a slower pace when compared to the same month last year.  For the first three quarters, overall Dallas sales were up 3% vs year ago, and up 4% year to date.  Median sales prices were up 8% in September, 9%...

Another month, another home sales record.  August home sales rose 9% over last year's August numbers (just as did July's prices), with 11,253 homes sold.  And median sales prices were 9% higher, continuing their upward march. Not all the submarkets I track in this...

Getting a head start on my report of July home sales data in Dallas, on the heals of my June report posted just a week ago, there's not a lot of new anecdotal data to share.  But the empirical data show another strong month for sales, with July volume up 11% over year...

The streak continues: Home sales in June in the greater Dallas area were up 13% over year ago, with the median price of homes sold up 8% over year ago.  In June, 11,638 pre-owned homes were sold, the most ever in a single month. Corelogic, a research company in the...

The Dallas Spring Market is soon to be in the books, and again in May the strong sales trend continued.  May home sales were up 15% over year ago, and median prices of the 10,939 homes sold up 10% vs last year.  Sales are healthy in all price points from the $200's to...

April continues the strong Spring Market trend in the greater Dallas area, with 9180 homes sold, a record for April.  Median sales prices also marched higher, up 12% from last year and up 13% year-to-date.  The Park Cities area (including neighborhoods outslde the...

The Dallas Spring Market is going strong.  For the first quarter this year, home sales were up 5% over year ago, and median sales prices were up an amazing 13%.  March sales alone were 12% higher than a year ago. Realtor.com has listed the Dallas area market as the...

February saw another record sales month, following January's new mark and last year's record total, with 6900 pre-owned single family homes sold.  The median price of homes sold in February was up 13% and for the first two months up 14%.  Homes sales this year are 3%...

The latest Harvard-Harris survey conducted for The Hill and reported in the Washington Post shows Americans more optimistic and confident (61%) than not in the national economy.  This is a significant turnaround from previous years, and importantly, bodes well for the...