DALLAS-North Texas home prices were up 1% in July 2010 from July2009 due to a sharp increase in the sale of high-end homes.
There was a 50% increase in the number of new homes in 2010while the number of foreclosures reduced in three of the last fourmonths. Furthermore, sales of pre-owned homes declined 29% in July2010. However, the North Texas housing market could worsen due tothe sluggish job market and low consumer confidence levels.For the full story, go to Dallas Morning News.
GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
