DFW Housing Market & Economy Poised to Have Strong 2019

Posted by Kenneth G. Cox on Tuesday, January 1st, 2019 at 12:31pm

Just a few short months ago, PricewaterhouseCoopers and the Urban Land Institute released a report that summarized what kind of housing market we can expect in 2019, and not surprisingly, Dallas-Fort Worth was labeled the top real estate market to watch in 2019. 

Thanks to a relatively low-cost of living [for now] and strong population growth, DFW took home the top spot on the report, which considered 78 other cities in the U.S.

Right now, DFW’s business economy and housing market are strong, which is a trend that should continue throughout the new year. The cost of business remains low in North Texas, which is driving more businesses and companies to DFW, and ultimately more people. 

According to the report, DFW’s population growth in 2019 is projected to be more than two times the national average, which can only mean great things for the housing market collectively. 

Dallas-Fort Worth, he said. And so much so that the area’s population growth rate is projected to be more than two times the national average in 2019. In addition, much of that population growth heavily favors the younger demographic, which also suggests the first-time buyer market should also be strong in the new year. 

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