D-FW leads Texas in first-quarter home sales

Dallas-Fort Worth home sales fell in the first quarter.

But even with the year-over-year decline, the D-FW area still led the state in home purchases.

Real estate agents sold more than 20,000 D-FW homes in the first quarter — down 2.5% from the same period last year, according to new data from the Texas Realtors trade association.

Statewide home sales were up 0.7% for the quarter.

“Housing market activity in Texas continues to break records,” Tray Bates, chairman of Texas Realtors, said in the new report. “The number of sales and median price aren’t going up as steeply as in recent years, but Texas real estate remains in high demand as the Lone Star State continues to be a popular place to live and do business.”

Among the major markets, sales were down in both the D-FW and Houston areas but inched higher in Austin and San Antonio.

See the full article on Dallas News…

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Steve Brown, Real Estate Editor

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