Dallas-Fort Worth housing market shatters records with $24B in sales by year end

Dallas-Fort Worth’s strong housing market shows no signs of slowing — despite expanded lending regulations— with analysts expecting the region’s home sales to reach $24 billion by the end of the year.

That would more than double the market’s sales volume in four years.

“We were ecstatic when the market reached $11 billion at the end of 2011,” said MetroTex President Steve Habgood, in a statement. “This year, we reached $22.7 billion by the end of November and could conceivably reach $24 billion for the year.”

North Texas’ condo sales have also done well this year and have already topped a billion dollars for the year, he added.

Read more on the Dallas Business Journal

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