Dallas-area home prices were up 6.7 percent in January from a year ago. CoreLogic analysts said that almost half the U.S. housing markets are considered overvalued. North Texas has been included on the list of home markets where prices are overheated, according to several studies. Home prices are forecast to rise by almost 5 percent across the country in the coming year. North Texas median home sales prices were 9 percent higher in 2017 than in 2016, according to data from local real estate agents. While the rate of home price growth in the Dallas-Fort Worth area has slowed in recent months, prices in the area are still at record levels.
- Dallas Morning News, March 6, 2018