Home Sales are Up Across the Metroplex & So are Prices

(Photo by Tim Boyle/Getty Images)

Dallas-Fort Worth (WBAP/KLIF) – Homes sales are up across the metroplex as the 2019 winds down after slowing down earlier this year … but with the increased sales comes higher prices, according to the Dallas Morning News.

Stats from MetroTex Association of Realtors shows prices for single-family homes sold by real estate agents were 6% higher last month the same time last year.

In Dallas and Kaufman counties prices were up over 10%.

Meantime, economists say the increase in home sales was likely triggered by lower mortgage rates.

 

(Copyright 2019 WBAP/KLIF 24/7 News. This report contains material from the Dallas Morning News.)