Home Sales Rebound in April in North Texas

Home flips in both the U.S. and North Texas fell in the first quarter from the same period last year. Dallas-area home prices grew by less than 3 percent in April Nationwide. as a single-family.

Zillow says the typical U.S. home is worth $227,700, up a little more from May after month-over-month values dropped for the first time in seven years this spring. According to the Zillow report,

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New-home sales rebound in May on hearty demand. The median sales price in May was $313,000, 3.3% lower than a year ago. With a faster selling pace, it would take less time to exhaust available inventory: 5.2 months at the current pace, compared to 5.4 months in April. The big picture: New-home sales have been grinding slowly higher,

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Soon, home sellers in Cincinnati; Oklahoma City; Jacksonville, Florida; and Tucson, Arizona will be able to request a cash offer from Zillow for the immediate sale of their homes. Julia is a.

April Home Sales Rebound Average Price Sets Record for 22nd Consecutive Month. The april average home price climbed to $214,972 compared to $205,089 a year earlier, a + 4.82 % increase. At the same time, the inventory of homes for sale, as of April 30, continued its year-over-year declining trend to 4,275 from 4,885 a year ago, down – 12.49 %.

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April was a good month for home sales in North Texas as more than 9,600 single-family homes changed hands, which is five percent more as compared to April 2018, the dallas morning news reports.

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