Are you planning on buying a home in Dallas? If so, the good news is that home values here are growing at the slowest pace that they’ve grown in the last five years.
Although this news may not necessarily be good for homeowners, the reality is that it’s good news for home buyers because it means that buyers will actually get a break and be able to buy a home without having to deal with huge year-over-year gains that they might find in other cities across the USA.
About The Dallas Texas Real Estate Market
Dallas-area home prices are up by only 5.7 percent in the latest survey – the smallest year-over-year gain in more than five years.
Nationwide home prices were 6.4 percent higher than in April 2017, according to the latest Standard & Poor’s/Case-Shiller Home Price Index.
North Texas home price growth has slowed dramatically in the last six month after more than two years of gains that have outpaced the rest of the U.S.
“Home prices continued their climb with the S&P CoreLogic Case -Shiller National Index up 6.4% in the past 12 months,” says David M. Blitzer Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices.
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To get started with selling your DFW home contact me today at (972) 523-1389 or click here to connect with me online.