The Dallas Housing Market isn't just recovering. It's back in full swing. The dollar volume of sales is holding strong - especially given that our inventory is low which is holding down the actual number of sales. As prices start to climb back up, we should see a healthy dollar volume maintain.
But as soon as the Olympics are over, news headlines will shift back to the economic crisis in Europe and the US election. Both of those negative features will likely create uncertainty in the minds of consumers this fall and could impact housing. But we're doing everything we can here in Dallas to help grow the market and our economy.
This chart of sales was created by Hexter Fair Title Company from statistics collected from the North Texas Real Estate Information System. [where: 75230]