Dallas-Plan-Iringe Prices for Housing has increased by 0.7% compared to the year in December, according to the first US data on data and analyzes of the monthly report on the Housing Price Index-Yahoo Finance
-Higher mortgage rates in the last half of the year, combined with higher levels of stocks, have caused the tendency to cool, says chief economist Mark Fleming –
Santa Ana, California, January 27, 2025-(business wire)-First American data and analysisLeading national provider of real estate -oriented information, risk management and evaluation solutions and unit of the first US Financial Corporation (NYSE: FAF) has today launched its December 2024. Home Price Index (HPI) Report. The report monitors changes in the price of the home less than four weeks after real time at the levels of national, state and metropolitan (main statistical districts) and includes the mitte of capital prices that segment transactions in the starter, environment and luxury levels. You can find the full report here.
December1Home Price Index
Dallas-Plan-Irving Market
Metric
Change in HPI
November-December 2024 (month over a month)
-0.1 percent
December 2023 December 2024 (year to year)
+0.7 percent
National HPI
Metric
Change in HPI
November-December 2024 (month over a month)
+0.1 percent
December 2023 December 2024 (year to year)
+3.9 percent
HPI chief economic national analysis:
“Housing prices in nationally started 2024 strong at a 7 % annual growth rate, but gradually slowed down during the year, ending in the high growth range by 3 percent compared to the year. Higher mortgage rates in the last half of the year, combined with higher levels of inventory, triggers the tendency to cool. “Quicking zones of supply that is ahead of demand can be faced with stronger moderation or even a decline in prices, while areas with limited new supply can see more pricing or even pricing reactions. Structural shortage On a national scale, it will keep the floor for how the low prices can go, but the environment and the growth of the inventory higher for longer conditions can lead to further prices.
Price level data for the year for the subway metro in Dallas-Plan-Irving: December 2023 to December 2024.
The first US HPI data data data on HPI is changing at the level of the capital level to three price levels based on local market sales data: Starter Tier, which represents sales prices of housing in the lower third of the market price; The average level, which represents the prices of home sales in the average third of market prices distribution; and the luxury level, which represents the prices of sales housing in the upper third of the distribution of market prices.
CBSA
Starter
Average
Luxury
Dallas-Plan-Irving
-0.6%
+0.3%
+3.3%
“Housing prices increase significantly at the regional level in the last year, largely conditioned by the differences in stocks for sale. So Fleming.” Everything else, the growth of housing prices in the markets with a larger stock of homes that are They offer for sale, will weaken compared to low -in -in -demands for demand. “
December 2024. First American data on data and analysis of the price HPI Highlights2
Base Based Statistically (CBSA), ranked at the largest HPI year increase for starter starter level
CBSA
Start -up Tier hpi
Change in the middle- Tier hpi
Change in luxury Tier hpi
Pittsburgh
+9.5 percent
+2.7 percent
+4.0 percent
Cambridge, table.
+6.0 percent
+7.6 percent
+6.8 percent
New York
+5.3 percent
+5.2 percent
+3.7 percent
St. Louis
+5.1 percent
+2.9 percent
+4.2 percent
Anaheim, California.
+5.0 percent
+7.0 percent
+6.6 percent
Additional December 2024. First US data on data and analyzes HPI
Base-based statistical areas (CBSA) with the largest increase of the year in HPI
CBSA
Change in HPI
Anaheim, California.
+6.1 percent
Cambridge, table.
+6.0 percent
Pittsburgh
+5.8 percent
Las Vegas
+4.4 percent
Warren, Michigan.
+4.3 percent
Base -based statistical areas (CBSas) with an annual death in HPI
Tampa, flag.
-4.6 percent
Oakland, California.
-0.8 percent
Austin, Texas
-0.2 percent
Los Angeles
-0.1 percent
San Antonio
+0.5 percent
HPI data are available here for all 50 states and the largest 30 CBSA of the population.
Visit the first American Economic Center for more research on housing market.
Next edition
The next edition of the first American prices index of the Data and Analysis House will be held the week of February 17, 2025.
First American methodology of HPI Data & Analytics
The first HPI American Data & Analytics report measures single -family home prices, including difficult sales, with indices being updated monthly in early 1980 during the month of the current report. HPI data are provided to national, state and CBSA levels and include preliminary evaluations of the index for the month before the report (ie, the preliminary result of July transactions is reported in August). The most index results are subject to review as more transactions become available.
HPI uses a re -sales methodology that measures changes in prices for the same property over time, using more than 46 million paired transactions to generate indices. In states of non -disclosure, HPI uses a combination of public sales records, MLS and active estimates and evaluation data to evaluate housing prices. This overall approach is especially effective in areas where there is a limited availability of accurate sale prices, such as states of non -disclosure. Property type data, price and location are used to create more sophisticated market segment indices. Real estate -owned transactions are not included.
First American data and analysisA subdivision of the first American financial corporation is a national provider of property -oriented information, risk management solutions and evaluation. First American supports and treats the largest set of property and property data in the industry, which includes more than 8 billion images of documents. Its main platforms and products include: Datatree®Fraudguard®Regsdata®First American Taxsource ™ and ACI®S Learn more about how the first US data on data and analysis power the mortgage settlement and titles with sophisticated solutions for www.firstamdna.com.
For the first American
First American Financial Corporation (NYSE: FAF) is a leading provider of title, settlement and risk for real estate transactions. With its combination of financial strength and stability, built for more than 135 years, innovative own technologies and incomparable data assets, the company manages the digital transformation of its industry. First American also provides data for title industry and other third countries; Assessment products and services; mortgage subordination; home guarantee products; Banking, Trust and Wealth Management Services; and other related products and services. With the total revenue of $ 6.0 billion in 2023, the company offers its products and services directly and through its agents in the United States and abroad. In 2024, the first American was declared one of the 100 best companies to work for from Great To To Work® and Fortune Magazine for the ninth consecutive year and pointed one of the 100 best jobs for innovators from Promotion For the second consecutive year. More information about the company can be found in www.firstam.comS
1 The most index results are subject to review as more transactions become available.
2 Note: Nassau-County-Suffolk County County, NY is excluded from the report of this month due to data interruptions.
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By james art 
