Housing supply gets much-needed boost in time for D-FW’s prime buying season

The median price for a new home was still above $400,000 in April despite more homes on the market and high interest rates.

The tight housing supply in Dallas-Fort Worth is loosening slightly as more homes hit the North Texas market in April.

The number of active listings in the D-FW metroplex was 24,128 last month, up nearly 46% from a year earlier, according to data from from the Texas Real Estate Research Center at Texas A&M University, North Texas Real Estate Information Services and the MetroTex Association of Realtors.

Dallas County had more than 5,100 active listings as the region entered the busiest season for buying and selling. That’s an increase of 56.7% from last April.

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Source: The Dallas Morning News

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