Dallas was among the hottest housing markets in the country. It still is. But it's not quite as hot as it was. The Dallas News reports:
The slowdown in Dallas-Fort Worth's housing market may be worse than at first glance.
Sales of preowned single-family homes dropped 1 percent annually in August in all of North Texas, according to the latest numbers from the Real Estate Center at Texas A&M University. Those numbers include data on more than two dozen counties stretching from the Red River to Waco.
When you drill down in the numbers to just the immediate D-FW area, August's dip in home purchase activity was much larger. In the Dallas area, sales of preowned homes by real estate agents fell by about 4 percent in August from a year earlier.