Dallas ranked sixth in the nation just behind Austin, according to a panel of real estate experts and economists surveyed by Zillow.
Overall, the market is expected to be strong across the board.
While an improved economy and progress with the coronavirus vaccines are two of the highest contributing factors for the market, affordability and inventory still tend to hold the market back.
The pandemic has not upended the housing market as those expected, but it has actually accelerated trends we saw coming into 2020. Record-low mortgage rates and the increased demand for living space, as well as a surge of Millennials buying their first homes, will keep the pressure on home prices for the foreseeable future.
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