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.