DFW: Dallas ranks fifth among major markets with the largest year-over-year gains in home purchase contract, according to Meyers Research, who credit rising interest rates pushing more buyers into the spring market. DFW totals rose 8%. CoreLogic’s recent Home Price Index show U.S. prices up 6.9% from last year and the report forecasts increases this year of around 5%. Lower-priced homes saw a gain of 90.3% versus 5.7% rise for higher-price homes.
© 2014 Doris Jacobs. All Rights Reserved.