Austin, Dallas-Fort Worth-Arlington, and other major Texas metros have maintained a steady hold in the third quarter of this year, bucking the national trend of increasing home prices, according to the National Association of Realtors. This report comes as data from across the U.S. shows that the national median sales price increased by 2 percent year over year to $406,900.
In stark contrast, DFW saw its home prices fall by 1.1 percent to $385,700. This puts DFW among the 20 percent of U.S. metros that saw no price increases for the period.
The drops were even more significant when we tuned our gaze further south to Austin, which faced a 10.3 percent drop in median home prices. Despite these changes, Texas’ broader residential real estate market remains robust, offering myriad opportunities for savvy investors and home buyers alike.
Major price increases were noted predominantly in smaller metros such as Fond du Lac, Wis., Morganton, N.C., and Oshkosh-Neenah, Wis., with increases of 18.9 percent, 17.1 percent, and 15.2 percent respectively.
To read the full news coverage, make sure to check the original article [here](https://www.recenter.tamu.edu/news/newstalk-texas/?Item=30263).