Four in five U.S. metro areas and all the major Texas metros saw double-digit home price gains in the second quarter, according to the latest report from the...
D-FW homes cost slightly less than the national median of $413,500, the National Association of Realtors reported.
Nationally, the median existing single-family home price surpassed $400,000 for the first time, rising 14.2% from a year ago to $413,500, the association reported. Prices grew at a slightly slower pace than in the first quarter, when they rose 15.4% year over year.in North Texas and across the country, contributing to the pricing cooldown.
Dallas-Fort Worth home prices rose 20.5% to $408,200 from second-quarter 2021 to 2022, according to NAR. Among the four largest Texas markets, San Antonio now tops the others with a 22% increase, with the Alamo City being the only market in the state to not see a slight slowdown in price growth. Fayetteville, Ark., led the nation with a 31.9% home price gain, followed by several Florida markets, including Lakeland, Naples and Sarasota.
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