Cold front hits hot DFW home market

​​DALLAS-FORT WORTH-ARLINGTON – Home purchases are down or unchanged in more than half the DFW’s residential districts in 2018, ending several years of ever-increasing sales.

Home sales in the Dallas-area are down about 1 percent so far in 2018 from record levels in 2017. 

The biggest declines have come in two of the area’s most expensive markets: 

Colleyville, down 18 percent from the first half 2017, and 

North Dallas, down 13 percent.

Sales also are down this year in fast-growing Collin County suburbs including Allen, Frisco, and Plano. 

Real estate agents say fewer out-of-town corporate buyers are showing up at their door than in the last couple of years.

At the same time, prices continued to rise in the first half 2018—albeit at a smaller rate than in recent years.​