Report: DFW One of Top Real Estate Markets in Next 3-5 Years

The National Association of Realtors listed Dallas-Fort Worth as one of the nation’s top real estate market expected to outperform in the next three to five years. In a newly released report, the trade association identified the top ten metro areas showing signs of continued strong growth. DFW distinguishes itself as the only Texas market on the list. “Some markets are clearly positioned for exceptional longer-term performance due to their relative housing affordability combined with solid local economic expansion,” said NAR’s chief economist Lawrence Yun. “Drawing new residents from other states will also further stimulate housing demand in these markets, but this will create upward price pressures as well, especially if demand is not met by increasing supply.”In the last few years, DFW welcomed more than 1.09 million people, included in the total population of more than 7.5 million. The highest number – 15,332 – of recent movers came from the Houston metro area, according to the report. DFW had the highest concentration of in-migration compared to the other nine metros in the report. NAR crunched figures from the Bureau of Employment Statistics and American Community Survey of the 100 largest U.S. metro areas, and compared it housing factors such as affordability, job growth, population age structure, home price appreciation, among other variables to formulate the report. Click to read more at