D-FW Home Prices Up 12.5%


D-FW Home Prices Up 12.5%

 

Dallas-Fort Worth was among the top markets in the country for home price gains in the second-quarter.

 

D-FW prices were up 12.5% in the National Association of Realtors’ latest quarterly survey of U.S. metropolitan areas. Prices were higher in 163 of the 176 of cities in the report.

 

Nationwide, median home sales prices rose 8.2% to $229,400.

 

In the D-FW area at the end of June, the median price was $215,200, a new high for North Texas.

 

In Texas, D-FW had the greatest home price increases at midyear. Second-quarter prices were up 9.9% in Austin, 8.4% in Houston and 8.3% in San Antonio.