Dallas-Fort Worth Home Sales Up 29% in October

Dallas-Fort Worth Home Sales Up 29% in OctoberNorth Texas home sales soared by 29 percent in October as buyers rushed to take advantage of low financing costs.

Last month saw the biggest year-over-year increase in pre-owned single-family home sales in the area in more than three years, according to data released Thursday by the Real Estate Center at Texas A&M University.

“The market has continued to strengthen through the fall,” said David Brown, who heads the Dallas office of housing analyst Metrostudy Inc. “With interest rates at historical lows, demand for both new and existing homes has remained strong.

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Authored By Steve Brown – See the Full Story at the Dallas News

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