Texas House Prices Fall in Multiple Cities

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San Antonio, Dallas, Austin and Fort Worth saw the nation's biggest year-over-year price drops in the four weeks ending on June 23.

The metropolitan areas with the largest year-over-year home price drops are all in Texas, a recent report from Redfin found.The report shows that San Antonio, Austin, Dallas and Fort Worth all experienced significant declines in the four weeks ending on June 23 compared to a year earlier.Read more: Tips to Help Sell Your Home for the Highest PriceSan Antonio and Austin saw the biggest home price drops in the entire country within that period, each down by 2.5 percent compared to a year earlier.

Read more: How to Determine Your Home's Value and Why It's Important to KnowNow, inventory is finally growing across the country, especially in the states that built the most in the past few years: Florida and Texas. Newsweek contacted Redfin for comment by email outside usual business hours.New listings in June were up 8.2 percent year over year nationwide, Redfin reported. May data from the real estate brokerage shows that in Texas there were 153,394 homes for sale last month, up 24.

 

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