North Texas home sales, prices inched higher in March

North Texas home sales rose slightly in March.

But the 1 percent year-over-year gain in sales of houses by real estate agents wasn’t enough to erase declines earlier in the year.

For the first quarter of 2019, sales of houses were down 3 percent in the real estate agents’ multiple listing service compared with the same period last year.

Real estate agents sold 21,009 North Texas houses during the just-completed quarter.

That was down from the record sales in first quarter 2018, according to data from the Real Estate Center at Texas A&M University and the North Texas Real Estate Information Systems.

Dr. James Gaines the chief economist with the Real Estate Center said he anticipates the D-FW home market will improve a bit for the spring and summer.

Steve Brown, Real Estate Editor

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