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Page 18 - டெக்சாஸ் ரியல் எஸ்டேட் ஆராய்ச்சி மையம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

North Texas home inventories at record low

Dallas housing market rockets into 21 with record demand

Dallas housing market rockets into ‘21 with record demand Sales in 2020 were held back by a short supply that continues in the new year. About two-thirds of Dallas-area residential districts saw higher home sales in 2020.(Steve Brown ) Dallas’ housing market headed into 2021 with an unprecedented tailwind. North Texas real estate agents sold a record of more than 119,000 single-family homes last year despite the economic drag of the COVID-19 pandemic. Home purchases were higher in about two-thirds of Dallas-area residential districts tracked each quarter by The Dallas Morning News. The greatest sales increases were in far suburban neighborhoods where buyers competed to snatch up houses as quickly as they came on the market. Sales were up by more than 30% year over year in Melissa, Prosper and Sunnyvale, according to data from the Texas Real Estate Research Center and North Texas Real Estate Information Systems.

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