North Texas home sales rebound in April

North Texas home sales rebound in April after declines in the first quarter.

More than 9,600 single-family homes were sold by local real estate agents — 5% more than in April 2018.

The increase in area home purchases last month followed several months of weakening sales due to affordability issues and upticks in mortgage costs.

April’s year-over-year sales gain wasn’t enough to make up for weaker homebuying earlier in the year. So far in 2019, North Texas real estate agents have sold 30,567 houses, 1% less than in the first four months of 2018, according to data from the Real Estate Center at Texas A&M University and the North Texas Real Estate Information Systems.

Steve Brown, Real Estate Editor

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