dfw ranked as one of the top 3 markets with the biggest long-term housing shortage
Dallas-Fort Worth, San Antonio, and Orlando stand out as three U.S. metros facing significant long-term housing shortages, as per Bank of America Institute's latest analysis. Rapid population growth in these areas, coupled with limited housing supplies, has driven above-average price appreciation since 2019. While San Antonio saw softened prices recently, D-FW's tight housing market led to substantial price gains. Bank of America's study, based on migration and census data, suggests a potential long-term supply-demand imbalance. The challenge ahead lies in sustaining supply growth to meet ongoing migration trends and address the pressing housing need in these growing regions.
Act now to seize opportunities in Dallas-Fort Worth's dynamic real estate market! 🏡 Don't miss out on potential gains in the face of long-term housing shortages. Explore the latest insights from Bank of America Institute's analysis and stay ahead of the curve. 📈
https://www.dallasnews.com/business/real-estate/2023/08/08/d-fw-identified-as-one-of-three-us-metros-with-biggest-long-term-housing-shortage/?sailthru_id=64401b423ed73d3d460cb9a1&utm_source=Sailthru&utm_medium=email&utm_campaign=Real%20Estate%202023-08-09&utm_term=Real%20Estate