It’s here. The summer is coming to an end and most of our local area kids are back in classes this week.
DallasFt Worth Metroplex Market Report May18
North Texas Real Estate Information System (NTREIS) reports median single-family home price up 4.9% in May-18 over Apr-18, sales climb to 8,954.
Single Family = Single-Family
Condo = Townhouse/Condo
Reports generated from ClarusMarketMetrics®
Contact your real estate professional for additional local market trends in your neighborhood. Reports were generated from ClarusMarketMetrics®.ClarusMarketMetrics®is available as a member benefit to those members who belong to NTREIS MLS. Visit your mls site for registration information.
NTREIS is a real estate information and technology solutions provider serving the real estate community in a coverage area exceeding 48,000 square miles in North Texas, including the Dallas-Fort Worth Metropolitan Area. NTREIS provides information management services to more than 22,000 MLS subscribers of its 15 Shareholder REALTOR® Associations, including more than 5,000 real estate offices. More information is available atwww.ntreis.net.
Source: North Texas Real Estate Information System (NTREIS)
National housing indicators
Existing home sales(April)
5.46 millions units*
Existing home median price(April)
1.287 millions units*
New home sales(March)
0.662 millions units*
*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.
National economic indicators
4th Quarter 2017
1st Quarter 2018
The homeownership rate of 64.2 percent was not statistically different from the rate in the first quarter 2017 (63.6 percent) and virtually unchanged from the rate in the fourth quarter 2017 (64.2 percent).
New home sales
Sales of new single-family houses in April 2018 were at a seasonally adjusted annual rate of 662,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 1.5 percent (±11.8 percent)* below the revised March rate of 672,000, but is 11.6 percent (±23.7 percent)* above the April 2017 estimate of 593,000.
Source: U.S. CENSUS BUREAU
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