DFW's Housing Prices Continue Rise Despite Some Softening
Case-Shiller posted their Home Price Indices today. Overall, the 20-city composite reflected a .09% gain in May & a 5.2% gain for the last 12 months. According to Case-Shiller, home prices when seasonally adjusted fell by .1% in May.
DFW had a 9% increase in the last year & a 1.3% increase for both May/April & April/March. Seasonally adjusted, these numbers fall to May/April at .5% and April/March at .1%.
In a recent article on the Dallas Business Journal, Candace Carlisle reports that over the last 5 years North Texas home prices have climbed a whopping 43%! As Carlisle reports, the affordability issue continues to create struggles for the DFW market. You can read the full article here!
For more information regarding your local market, please feel free to give us a call!
Christie Cannon REALTOR
The Christie Cannon Team
Keller Williams Frisco TX
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