It’s no secret that Dallas’ home market has a winter chill.
Home sales have slowed along with the rate of home price increase in North Texas.
The market changes have put Dallas’ home market on the list of the 10 cities hit hardest by a housing slowdown, according to a new report by Realtor.com.
“In the last few months, the real estate market has actually begun slowing down–including in some of the big cities that have been leading the go-go post-recession housing boom,” according to Realtor.com. “To be clear, prices aren’t always dropping in these places, which are predominantly located on the West Coast.
“Mostly, they’re decelerating, coming back down to earth.”
Steve Brown, Real Estate Editor