The housing market in the Dallas-Fort Worth area just hit a record high, topping $510 billion in 2018. Last year alone the area’s home market added another $14.6 billion in value, at least according to newly released Zillow estimates.
Over the past five years, housing values in the area have increased more than 40-percent. Despite a slowing of home appreciation in the second half of the year for North Texas, median single-family home sales prices still rose for much of the year.
Despite this, Dallas-Ft Worth housing market value is still relatively modest when compared to housing markets such as New York/Northern New Jersey, San Francisco, Los Angeles and San Diego.
The real estate marketing and data firm also reports strong and stable home…