DFW housing market heads into 2024 with hope for improvement

With the Federal Reserve signaling a halt to interest rate hikes, housing industry leaders are more optimistic about the year ahead.
Editor’s note: This story is part of our Mixed Signals: 2024 Economic Forecast for Texas, featuring stories about labor, inflation, housing, migration, rising utility costs and other factors propelling the North Texas economy.
Lower mortgage rates top the housing sector’s wish list for 2024.
The biggest interest rate run-up in more than two decades depressed home sales this year and slammed the brakes on house price increases in North Texas after years of huge gains.
With the Federal Reserve signaling a halt to interest rate hikes, housing industry leaders are more optimistic about the year ahead.

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Source: The Dallas Morning News

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