Dallas has fifth largest YOY gains in home purchase contractsDallas has fifth largest YOY gains in home purchase contractshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=204282018-06-21T05:00:00Z2018-06-21T20:00:00Z

​​DALLAS – The Metroplex ranked fifth among the major markets with the largest year​-over-year gains in home purchase contracts, according to Meyers Research. 

​​Through April, the area's homebuying contracts were 8 percent ahead of the same time last year. 

North Texas home sales were up 4 percent through May. Median home prices are up 5 percent so far this year. Last​ year, home price gains were in the double digits. 

Meyers analysts credit rising interest rates with pushing more buyers into the housing market this spring. ​

Denver had the biggest gains in home purchase contracts at 24 percent. San Diego and Phoenix were both up more than 10 percent. 

Dallas Business Journal
Dallas-Fort Worth-Arlington
https://www.dallasnews.com/business/real-estate/2018/06/21/dallas-seeing-one-biggest-increases-us-home-purchase-contractsRead more at {Source}

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