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Dallas Housing Market Cools: Prices Expected to Continue Falling

by Emma Walker – News Editor
written by Emma Walker – News Editor

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Stock image/file photo: The Dallas skyline taken in late afternoon.

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Dallas Housing Market Cools: Price Drops Expected as Inventory Rises

Dallas, Texas – November 8, 2023 – The Dallas-Fort Worth (DFW) housing market is undergoing a significant shift, with experts predicting continued price drops as inventory levels climb. After years of rapid appreciation, prospective buyers are gaining negotiating power, while sellers are adjusting to a more competitive landscape.

Real estate analyst Ryan Polsky, of Dallas-based real estate advisory firm, Polsky Properties, anticipates a potential 7 to 8 percent decline in home prices in certain DFW neighborhoods. This forecast aligns with recent projections from Reventure Real Estate, a data analytics firm specializing in the DFW market. however,Polsky emphasizes that the extent of the price correction will vary depending on location and property characteristics.

“A 7 to 8 percent drop might sound dramatic, but in context, it’s not totally out of bounds-especially in neighborhoods where prices got inflated quickly,” Polsky said. “That said, I don’t think every area will see that kind of dip. Some neighborhoods with strong schools, walkability, or limited inventory will probably hold up better. If rates stay high and inventory keeps climbing, sure, we could get close to that number. But I’d call that the higher end of the range-not a baseline for the whole market.”

The shift is largely attributed to rising mortgage rates and an increase in the number of homes available for sale. according to data from the Texas Real Estate Research Center at Texas A&M University, active listings in the DFW area have increased by 65% year-over-year as of October 2023. The average 30-year fixed mortgage rate currently stands at 7.44% as of November 2, 2023, according to Freddie Mac, considerably impacting affordability for potential homebuyers.

For prospective buyers, the changing market presents a favorable opportunity. the days of intense bidding wars and waived contingencies are largely over, allowing buyers more time to carefully evaluate properties and negotiate

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World

Zillow Faces Lawsuits Over Image Usage, Antitrust Concerns

by Lucas Fernandez – World Editor
written by Lucas Fernandez – World Editor

Here’s a rewritten version of teh provided text, focusing on clarity, conciseness, and a more engaging tone, while retaining the core information:

Legal Battles Could Reshape the US Real Estate Landscape

Two major lawsuits are poised to considerably alter how the US real estate market operates online, potentially impacting everything from how homes are listed to how consumers find them. The outcomes of these cases, involving Compass against Zillow and CoStar against Zillow, could either democratize access to listings or further entrench the dominance of major online portals.

What’s at Stake for the Market?

For Portals like Zillow: If Compass wins, Zillow and similar platforms might have to loosen rules that penalize off-platform or delayed marketing. This could lead to a more diverse range of channels for consumers to discover homes,reducing the singular influence of any one portal. However, it could also diminish the incentive for these platforms to invest in data quality and consumer tools if they can’t guarantee prompt and comprehensive listing inclusion.

For Content Rights: A victory for CoStar could mean tighter controls on how listing data and photos are used. This might lead to more rigorous license audits and a re-evaluation of photo rights across the industry.Portals and Multiple Listing Services (MLS) would likely need to implement stronger measures for tracking content and handling takedown requests. Brokerages would, in turn, be pushed to secure explicit licenses from photographers that cover all syndication endpoints.Impact on Homebuyers and Sellers:

Homebuyers: While a check on Zillow’s dominance could mean more listings appearing across a wider array of sites, potentially benefiting consumers, there’s a risk of fragmentation. If agents opt for staggered or private marketing campaigns, or if portals reduce cross-syndication to avoid copyright issues, some homes might become harder to find in a single, consolidated view. The ideal scenario would be maintaining broad, real-time sharing while curbing exclusionary rules and ensuring IP compliance.

Home Sellers: Currently, sellers and their agents can be constrained by policies that mandate immediate publication to a single platform. If these policies soften, they could regain leverage to control listing visibility without the threat of being permanently excluded from high-traffic sites.

The Broader Implications:

These legal battles are not just about Zillow’s operational practices; they could redefine the entire digital infrastructure of US homebuying and renting.

* Democratization vs. Entrenchment: A win for Compass or CoStar could lead to more democratized access and stronger IP compliance, though it might cause some short-term fragmentation. Conversely, a win for Zillow would solidify its current gatekeeper model and reward strict distribution practices, potentially preserving consistency and consumer familiarity at the cost of competition.

The overarching message for the real estate market is clear: access rules and content rights are fundamental legal components, not mere administrative details. the future of real estate’s digital era will be shaped by which of these principles the courts ultimately uphold.

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Business

Canada’s housing market is in ‘new normal.’ It looks like the ‘old normal’ – National

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Canadian Housing Market Returns to Pre-Pandemic Norms Amidst Rate Hold

Experts Suggest a More Balanced Market Emerges

Canada’s housing sector is increasingly resembling its pre-pandemic state, as the Bank of Canada maintains its interest rates. Economists and real estate analysts point to a rise in available inventory and a more considered approach from buyers as indicators of this shift.

Signs of Stabilization

The market is experiencing a “return to the old normal before the pandemic,” according to **Robert Hogue**, assistant chief economist at RBC. He notes that while inventory is increasing, buyers are also benefiting from more time to make purchasing decisions, a stark contrast to the frenzied pace seen previously.

National home sales saw a modest increase of 2.8 per cent in June, following a 3.5 per cent rise in May, according to the Canadian Real Estate Association (CREA). However, CREA’s senior economist, **Shaun Cathcart**, characterized the national sales figures as a “carbon copy” of May’s data, suggesting a plateau rather than robust growth.


Peterborough housing market shows slow spring


Despite lingering concerns about U.S. trade policies, **Hogue** indicates that Canadian sentiment has improved, fostering renewed interest from some buyers. He anticipates that this positivity, coupled with a stable interest rate environment, will support the market’s long-term recovery.

Psychological Hurdles Remain

While market conditions are normalizing, affordability continues to present a significant challenge. **Mary Sialtsis**, a licensed mortgage broker in Ontario, observes that even financially capable buyers are hesitant to commit, attributing this to a “psychological impact” rather than a lack of purchasing power.

“We still have affordability issues, but I think even for those who have the ability to purchase right now, they’re not. We need them to pull the trigger.”

—Mary Sialtsis, Licensed Mortgage Broker

Sialtsis suggests that a shift in buyer expectations is crucial. She notes that some potential buyers are holding out for better deals, a stance she deems increasingly “unreasonable.” Sellers, too, may need to adjust their asking prices to align with current market comparables.

Adapting to the New Normal

For those looking to enter the housing market, **Hannah Martens**, president of the Canadian Mortgage Brokers Association Atlantic, advises action when ready. “Every mortgage broker that I speak to is busy right now because house prices are high, interest rates aren’t great but people are still buying,” she stated, emphasizing that a “perfect market” is an illusion.

**Anne-Elise C. Allegritti**, director of research and communications at Royal LePage, believes Canadians are adapting to current borrowing rates. “I think Canadians have adapted to this sort of, being roughly the new normal in terms of borrowing rates. Could they go down a little bit more, sure, but I don’t think anyone is expecting them to reach those rock-bottom rates that we saw during COVID and that’s a good thing,” she commented, adding that the current situation represents a “leveling off” rather than an extreme.

A recent report from the Canada Mortgage and Housing Corporation (CMHC) indicated that the national average home price was $759,323 in May 2024, a slight increase from the previous year, underscoring persistent affordability concerns for many (Source: CMHC, May 2024 Housing Market Outlook).


Canada’s housing market is in ‘new normal.’ It looks like the ‘old normal’ – National


Throne speech: King Charles says Liberals will work to make Canada’s housing market ‘work better’


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Business

Content Writing Tips: Improve Your Skills & Productivity

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

In the coming years, large -scale residential areas will have to rise in the vicinity of Alkmaar, Hengelo/Enschede, Apeldoorn and Helmond. That is stated in the new Space Memorandum, an important plan stating what the Netherlands will look like in the coming decades.

At least 3500 new homes must be available at every location, is the plan. The central government manages these new construction projects, writes outgoing minister Mona Keijzer (Housing).

In the Space Memorandum, important choices are made about the design of the Netherlands in the coming decades. The memorandum will be discussed on Friday in the Council of Ministers, but is already in the hands of RTL News.

The four new locations will be located at the seventeen major construction sites that have already been designated by the previous cabinet.

Urbanization

Table of Contents

In a number of other regions, which are still relatively quiet, the government wants to focus on urbanization by stimulating the economy and construction of new homes in these areas. These are the Frisian cities, the head of Noord-Holland, Harderwijk-Zeewolde, Southeast Drenthe and the Zeeland cities.

These areas need an impulse, because otherwise they are no longer attractive enough and further empty. In the future, ‘restructuring’, another word for demolition-new construction, will also take place to renew the housing stock.

In the coming years, these regions can also count on them being selected more often as a location for new construction of defense, or large -scale energy projects.

“For example, barracks and the construction of power plants bring a new demand for homes and support services in Zeewolde and Vlissingen,” the Space Memorand is described. “With targeted investments we give an extra boost to regional urbanization ambitions.”

Transport of hazardous substances

The memorandum also makes the promise that the transport of hazardous substances such as hydrogen and ammonia in the future should be done as much as possible via new pipelines to be constructed. This is to prevent trains from having to run with fire -hazardous substances through residential areas, as is the case now.

“The empire facilitates the Delta Rhine Corridor to realize new underground infrastructure between the port of Rotterdam and the border with Germany, near Venlo. A hydrogen and two CO2 pipes will be realized towards 2033.”

Business parks

In the new Space Memorandum, Keijzer also praises the 3800 industrial sites that our country has. She wants business sites that are swallowed up by housing ‘where necessary’. “If possible locally and otherwise regionally.”

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Business

Housing Market Correction: Falling Prices & Rising Risks

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Housing Market Braces for Prolonged Downturn as Prices Fall, Supply Rises
world-today-news.com – June 29, 2025

Key Takeaway: The U.S.housing market is showing increasing signs of a sustained downturn, with home prices experiencing consecutive monthly declines alongside a surge in housing supply and stubbornly high mortgage rates. Experts warn this could signal a “deeper correction” ahead.

[WASHINGTON D.C.] – After a period of stagnation following rapid interest rate hikes, the housing market is now facing a potential prolonged slump. Recent data reveals a concerning trend: home prices are falling, while the number of homes available for sale is climbing, all against a backdrop of mortgage rates hovering around 7%.The latest Case-Shiller home price report indicates a 0.3% monthly fall in the 20-city index in April – a steeper decline than the previously reported 0.2% dip in March. This back-to-back decrease has prompted economists at Capital Economics to warn of a “deeper correction” [[1]].

“After falling in March, the further 0.3% m/m decline in house prices in April raises the risk that prices are entering a sustained downturn, as the market finally buckles under the weight of near-7% mortgage rates,” stated Thomas Ryan, North America economist at Capital Economics.Further reinforcing this trend, the FHFA price index also showed a 0.4% monthly drop.On a three-month annualized basis, house prices have fallen by 0.4%,marking the slowest year-over-year pace since August 2023.

Demand Weakness & Rising Inventory

The downturn is fueled by anemic demand due to high borrowing costs and a growing inventory of homes for sale,now back to pre-pandemic levels. This shift is forcing sellers to adjust their price expectations. The median sale price of existing homes has now dropped for five consecutive months on a seasonally adjusted basis [[1]].

Global Context & Future Outlook

While this report focuses on the U.S. market, global housing affordability remains a significant challenge

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Business

‘Then the entire housing market will be moving’

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Aging Population Fuels Housing Market Shift

Seniors’ Moves Could Unlock Homes for Families and First-Time Buyers

A growing number of older homeowners are poised to reshape the Netherlands’ housing landscape, potentially easing pressure on starter homes by freeing up larger properties. Experts suggest catering to seniors’ needs is key to unlocking a more fluid market.

The Silver Tsunami Approaches

Analysis by Brainbay indicates that 1.7 million Dutch households will need to consider whether their current homes are suitable for their aging needs in the coming years. This figure is projected to rise sharply, with over half a million additional households aged 65+ expected by 2040. According to recent data from the CBS (Centraal Bureau voor de Statistiek), the number of people aged 80 and over in the Netherlands is expected to double by 2050, increasing the demand for age-friendly housing. CBS Data on Aging Population

© ANP – A new apartment complex designed for seniors.

Beyond Ground Floor Access

While ground-floor apartments with elevators exist, they often fail to meet the desires of older residents. Lana Goutsmits-Gerssen, chairman of the NVM (Dutch Association of Real Estate Agents), explains that seniors are often reluctant to relinquish spacious, fully-owned homes.

“As long as they are left, family homes will also remain occupied.”

—Lana Goutsmits-Gerssen, NVM Chairman

Many seniors prioritize space, comfort, and remaining within familiar communities. Recent NVM data shows that 70 percent of over-65s purchasing apartments opt for properties of 80 square meters or larger, often seeking an extra room for hobbies or visiting family.

A Ripple Effect Through the Market

Constructing appropriate housing for seniors can have a surprisingly broad impact on the entire housing market. Berry Blijie, a researcher at ABF Research, notes that when an older person moves to a new apartment, their former home becomes available for a family, who in turn free up a property for a first-time buyer. He estimates that moving chains initiated by seniors are, on average, 40 percent longer than those associated with other housing types.

The NVM argues that current construction efforts are overly focused on starter homes, which often prove inaccessible due to limited budgets. Prioritizing the development of spacious, slightly more expensive apartments for seniors could release existing, more affordable homes onto the market.

Sustainability and Future-Proofing

Moving seniors from older, often poorly insulated homes to sustainable new construction also contributes to climate goals by making older properties available for buyers committed to energy efficiency. The Dutch government has committed to building at least 290,000 age-appropriate homes by 2030, including 170,000 ground-floor units, 80,000 clustered housing options, and 40,000 care facilities.

Goutsmits-Gerssen urges municipalities and developers to broaden their focus. “It’s time to look beyond the starter,” she states. “If we now invest in life-course-proof homes, we will make the housing market future-proof.”

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