North Texas’ hot housing market won’t cool in 2018, according to a new forecast.
The Dallas-Fort Worth area is expected to be one of the top home markets in the country next year, according Realtor.com’s just-released projections. Only Las Vegas will have a stronger home market in 2018, the report predicts.
The D-FW area is forecast to see about a 6 percent increase in home sales and a 5.57 percent hike in median home prices in the year ahead. That’s twice the national growth rate for sales and prices, according to Realtor.com
In Realtor.com’s 2017 forecast, the D-FW market was ranked 48th with home sales estimated to see a 5.09 percent increase and median home prices predicted to grow at 4.13 percent.
