The number of active listings in the metro area reached nearly 15,000 in July, up 81.2% year over year.The number of homes on the market in Dallas-Fort Worth has skyrocketed over the past few months, meaning potential buyers have many more options to choose from than they did last year — that is, if they haven’t yet been priced out due toThe number of active listings in the metro area reached nearly 15,000 in July, up 81.2% year over year, according to the latestfrom Realtor.com.
“The U.S. housing market continues to move toward more evenly balanced supply and demand compared to the 2021 frenzy,” said Danielle Hale, chief economist for Realtor.com, in a statement. “Our July data shows elevated mortgage rates left many buyers tightening their budgets and sellers responding with price reductions, while home shoppers who kept searching saw more available options.”Realtor.
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