Home Sales Rebound in April in North Texas

Sales of new homes increased to an annualized rate of 646,000 in June after two months of declines, according to the Census Bureau and the Department of Housing and Urban Development.

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North Texas home sales rebound in April after declines in the first quarter. More than 9,600 single-family homes were sold by local real estate agents – 5% more than in April 2018. The increase in area home purchases last months followed several months of weakening sales due to affordability issues and upticks in mortgage costs.

Real Estate Pending home sales rebound after 17 months of consecutive declines The PHSI in West region increases a whopping 5.4% in June

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real estate DFW Places Among Top Housing Markets For 2018 North Texas is anticipated to beat the national average in home sales in 2018 with price growth of 5.57 percent.

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Zillow helps you find the newest fort worth real estate listings. By analyzing information on thousands of single family homes for sale in Fort Worth, Texas and across the United States, we calculate home values (Zestimates) and the Zillow Home Value Price Index for Fort Worth proper, its neighborhoods and surrounding areas.

The data are for new, privately-owned housing units, excluding "HUD-code" manufactured (mobile) homes. The data are from the building permits survey, and from the Survey of Construction (SOC), which is partially funded by the Department of Housing and Urban Development (HUD) .

Collectively the home sales had generated nearly $29 billion – $28,968,374,682 – and resulted in the average sale price being $296,856, according to figures provided by North Texas Real Estate.

Home sales are struggling to rebound after slumping in the second half of last year, when a jump in mortgage rates to nearly 5% discouraged many would-be buyers. Spring buying is so far running behind last year’s healthy gains: Sales were 5.4% below where they were a year earlier.

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EstateSales.NET provides detailed descriptions, pictures, and directions to local estate sales, tag sales, and auctions in the Dallas / Fort Worth / Arlington area as well as the entire state of TX.