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QUICK FACTS

In November, the Federal Reserve reduced its benchmark rate for the third time this year. This action was widely anticipated by the market. Mortgage rates have remained steady this month and are still down more than 1 percent from last year at this time. Residential new construction activity continues to rise nationally. The U.S. Commerce Department reports that new housing permits rose 5% in October to a new 12-year high of 1.46 million units. Thanks for checking out your DFW Local Market Update

*All data is provided by North Texas Real Estate Information Systems, Inc. and is current as of December 15, 2019

– 2.1%

Change in
Closed Sales


+ 4.0%

Change in
Median Sales Price


– 5.0%

Change in
Inventory

December 2019 LOCAL MARKET UPDATES

Download the latest DFW Local Market Update for Collin, Dallas, Denton, Johnson, Parker, and Tarrant counties here.