DMN: Dallas-Fort Worth surpasses Austin as Texas’ tightest major housing market (Houston: homes, buying)

[Dallaz]

https://www.dallasnews.com/business/...ousing-market/

Dallas-Fort Worth is proving to be more resilient to the recent slowdown in homebuying than other parts of the state.

While housing supply increased throughout Texas in 2022, Dallas-Fort Worth emerged with the tightest inventory of the state’s largest metro areas with 2.2 months of homes available at the end of the year, according to a new report from Texas Realtors.

A year before, the Austin market was the tightest in the state with just over half a month of supply, but D-FW was not far behind at 0.8 months. A balanced market between buyers and sellers would have about six months of supply available.

[LocalPlanner]

This has a lot to do with DFW having a more diversified economy than Austin and being less expensive as well (though still more expensive than Houston and SA).