The latest North Texas housing market numbers are not very encouraging, to say the least. Home sales were down in many Dallas-Fort Worth neighborhoods in February, and median home sales prices dropped for the first time since 2008-2009 in both Dallas and Rockwall counties. Dallas County home sales prices fell 2.5 percent in February from a year ago, according to the latest figures from the MetroTex Association of Realtors. Median sales prices slid 4.5 percent in Rockwall County. Collin and Denton counties eked out tiny year-over-year home price gains last month — less that 1 percent ahead of February 2018. The only solid home price gain in the region came in Tarrant County, where houses are still relatively affordable. Lower and moderate-priced house sales are still strong while purchases of expensive properties have lagged.
- Dallas Morning News, March 22, 2019