Dallas-Plano-Irving Home Prices Remained Unchanged Year Over Year in January, According to First American Data & Analytics Monthly Home Price Index Report
First American Data & Analytics released its January 2025 Home Price Index (HPI) report, revealing that home prices in the Dallas-Plano-Irving market remained unchanged year-over-year, while showing a slight decline of 0.2% month-over-month.
The national HPI showed a modest increase of 0.1% month-over-month and 3.3% year-over-year, marking the slowest growth pace since June 2023. Chief Economist Mark Fleming attributes this slowdown to elevated mortgage rates reducing buyer purchasing power and increasing inventory levels.
In the Dallas-Plano-Irving metro area, price changes varied across market segments: the luxury tier showed strong growth at +3.2%, the mid-tier increased slightly by +0.1%, while the starter tier declined by -1.0%. Notably, luxury home sales are outperforming nationally, with homes priced above $1 million seeing a 35% jump in sales.
First American Data & Analytics ha pubblicato il suo rapporto sull'Indice dei Prezzi delle Case (HPI) di gennaio 2025, rivelando che i prezzi delle case nel mercato Dallas-Plano-Irving sono rimasti invariati rispetto all'anno precedente, mostrando però un lieve calo dello 0,2% rispetto al mese precedente.
L'HPI nazionale ha registrato un modesto aumento dello 0,1% mese su mese e del 3,3% anno su anno, segnando il ritmo di crescita più lento da giugno 2023. Il Chief Economist Mark Fleming attribuisce questo rallentamento ai tassi ipotecari elevati, che riducono il potere d'acquisto dei compratori e aumentano i livelli di inventario.
Nell'area metropolitana di Dallas-Plano-Irving, le variazioni dei prezzi sono state diverse tra i segmenti di mercato: il segmento di lusso ha mostrato una forte crescita del +3,2%, il segmento medio è aumentato leggermente del +0,1%, mentre il segmento di partenza è diminuito del -1,0%. È notevole che le vendite di case di lusso stiano superando il dato nazionale, con le case valutate oltre 1 milione di dollari che hanno visto un aumento del 35% nelle vendite.
First American Data & Analytics publicó su informe del Índice de Precios de Viviendas (HPI) de enero de 2025, revelando que los precios de las viviendas en el mercado Dallas-Plano-Irving se mantuvieron sin cambios en comparación con el año anterior, aunque mostraron una ligera disminución del 0,2% mes a mes.
El HPI nacional mostró un aumento modesto del 0,1% mes a mes y del 3,3% año a año, marcando el ritmo de crecimiento más lento desde junio de 2023. El Economista Jefe Mark Fleming atribuye esta desaceleración a las altas tasas hipotecarias que reducen el poder adquisitivo de los compradores y aumentan los niveles de inventario.
En el área metropolitana de Dallas-Plano-Irving, los cambios en los precios variaron entre los segmentos del mercado: el segmento de lujo mostró un fuerte crecimiento del +3,2%, el segmento medio aumentó ligeramente un +0,1%, mientras que el segmento inicial disminuyó un -1,0%. Es notable que las ventas de viviendas de lujo están superando los datos nacionales, con casas valoradas en más de 1 millón de dólares que han visto un aumento del 35% en las ventas.
퍼스트 아메리칸 데이터 & 애널리틱스는 2025년 1월 주택 가격 지수(HPI) 보고서를 발표하며 달라스-플라노-어빙 시장의 주택 가격이 전년 대비 변동이 없었고, 월간으로는 0.2%의 소폭 감소를 보였다고 밝혔습니다.
전국 HPI는 월 대비 0.1%, 연 대비 3.3%의 완만한 증가를 보이며 2023년 6월 이후 가장 느린 성장률을 기록했습니다. 수석 경제학자 마크 플레밍은 이 둔화가 높은 모기지 금리로 인해 구매자의 구매력이 감소하고 재고 수준이 증가했기 때문이라고 설명했습니다.
달라스-플라노-어빙 대도시 지역에서는 가격 변화가 시장 세그먼트에 따라 다르게 나타났습니다: 고급 세그먼트는 +3.2%의 강한 성장을 보였고, 중간 세그먼트는 +0.1% 소폭 증가했으며, 시작 세그먼트는 -1.0% 감소했습니다. 특히, 고급 주택 판매가 전국적으로 높은 성과를 보이며, 100만 달러 이상의 주택이 35%의 판매 증가를 경험하고 있습니다.
First American Data & Analytics a publié son rapport sur l'Indice des Prix des Maisons (HPI) de janvier 2025, révélant que les prix des maisons sur le marché Dallas-Plano-Irving sont restés inchangés d'une année sur l'autre, tout en affichant une légère baisse de 0,2% par rapport au mois précédent.
L'HPI national a montré une augmentation modeste de 0,1% d'un mois à l'autre et de 3,3% d'une année à l'autre, marquant le rythme de croissance le plus lent depuis juin 2023. L'économiste en chef Mark Fleming attribue ce ralentissement à des taux hypothécaires élevés qui réduisent le pouvoir d'achat des acheteurs et augmentent les niveaux d'inventaire.
Dans la région métropolitaine de Dallas-Plano-Irving, les variations de prix ont varié selon les segments de marché : le segment de luxe a montré une forte croissance de +3,2%, le segment intermédiaire a légèrement augmenté de +0,1%, tandis que le segment d'entrée a diminué de -1,0%. Il est à noter que les ventes de maisons de luxe surperforment au niveau national, les maisons évaluées à plus de 1 million de dollars ayant enregistré une augmentation de 35% des ventes.
First American Data & Analytics hat ihren Bericht über den Hauspreisindex (HPI) für Januar 2025 veröffentlicht, der zeigt, dass die Hauspreise im Dallas-Plano-Irving Markt im Jahresvergleich unverändert blieben, während sie im Monatsvergleich um 0,2% leicht zurückgingen.
Der nationale HPI zeigte einen moderaten Anstieg von 0,1% im Monatsvergleich und 3,3% im Jahresvergleich, was das langsamste Wachstum seit Juni 2023 markiert. Chefökonom Mark Fleming führt diese Verlangsamung auf die hohen Hypothekenzinsen zurück, die die Kaufkraft der Käufer verringern und die Lagerbestände erhöhen.
Im Großraum Dallas-Plano-Irving variieren die Preisänderungen je nach Marktsegment: Das Luxussegment verzeichnete ein starkes Wachstum von +3,2%, das mittlere Segment stieg leicht um +0,1%, während das Einstiegssegment um -1,0% fiel. Bemerkenswert ist, dass die Verkäufe von Luxusimmobilien landesweit überdurchschnittlich abschneiden, wobei Immobilien mit einem Preis von über 1 Million Dollar einen Anstieg der Verkäufe um 35% verzeichneten.
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National House Price Growth Sinks to Slowest Pace Since Summer 2023
—Much like the groundhog seeing its shadow, we expect the housing winter to persist in the face of elevated mortgage rates, says Chief Economist Mark Fleming—
January1 Home Price Index
|
|
Metric |
Change in HPI |
December 2024-January 2025 (month over month) |
-0.2 percent |
January 2024-January 2025 (year over year) |
0.0 percent |
National HPI |
|
Metric |
Change in HPI |
December 2024-January 2025 (month over month) |
+0.1 percent |
January 2024-January 2025 (year over year) |
+3.3 percent |
Chief Economist National HPI Analysis:
“National house price growth slipped to the slowest pace since June 2023 amid elevated mortgage rates and rising inventories,” said Mark Fleming, chief economist at First American. “Elevated mortgage rates reduce house-buying power for potential buyers, holding back demand. At the same time, inventory levels are increasing as some potential sellers list their homes for sale after coming to terms with ‘higher-for-longer’ rates and more new-home completions hit the market, further dampening price growth. Much like the groundhog seeing its shadow, we expect this ‘housing winter’ to persist if mortgage rates remain high while inventories keep climbing.”
Year-Over-Year Price-Tier Data for the
The First American Data & Analytics HPI segments home price changes at the metropolitan level into three price tiers based on local market sales data: starter tier, which represents home sales prices at the bottom third of the market price distribution; mid-tier, which represents home sales prices in the middle third of the market price distribution; and the luxury tier, which represents home sales prices in the top third of the market price distribution.
CBSA |
Starter |
Mid-Tier |
Luxury |
|
- |
+ |
+ |
“The luxury price tier stands out as a relative outperformer when measuring annual house price growth by tier and market. Prices in the luxury tier grew in 25 of the 28 markets we tracked this month, outpacing price growth in the mid- and starter tier segments,” said Fleming. “Luxury home buyers, less affected by the lock-in effect due to their ability to pay in cash, are playing a different game. In December’s existing-home sales report, the boom in sales was most distinct at the upper end of the market as sales of homes priced at more than
January 2025 First American Data & Analytics Price Tier HPI Highlights2
Core-Based Statistical Areas (CBSAs) Ranked by Greatest Year-Over-Year Increases in Luxury Tier HPI |
|||
CBSA |
Change in Starter Tier HPI |
Change in Mid-Tier HPI |
Change in Luxury Tier HPI |
|
+2.5 percent |
+9.1 percent |
+6.4 percent |
|
+1.2 percent |
+4.7 percent |
+6.3 percent |
|
+1.1 percent |
+3.9 percent |
+5.7 percent |
|
+1.2 percent |
+2.0 percent |
+4.8 percent |
|
+5.6 percent |
+3.9 percent |
+4.8 percent |
Additional January 2025 First American Data & Analytics HPI Highlights
Core-Based Statistical Areas (CBSAs) with Greatest Year-Over-Year Increases in HPI |
|
CBSA |
Change in HPI |
|
+4.6 percent |
|
+4.6 percent |
|
+4.4 percent |
|
+4.3 percent |
|
+4.3 percent |
Core-Based Statistical Areas (CBSAs) with a Year-Over-Year Decease in HPI |
|
|
-3.8 percent |
|
-3.8 percent |
|
-1.9 percent |
|
-0.9 percent |
|
-0.6 percent |
HPI data for all 50 states and the largest 30 CBSAs by population is available here.
Visit the First American Economic Center for more research on housing market dynamics.
Next Release
The next release of the First American Data & Analytics House Price Index will take place the week of March 17, 2025.
First American Data & Analytics HPI Methodology
The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report. HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e. the preliminary result of July transactions is reported in August). The most recent index results are subject to revision as data from more transactions become available.
The HPI uses a repeat-sales methodology, which measures price changes for the same property over time using more than 46 million paired transactions to generate the indices. In non-disclosure states, the HPI utilizes a combination of public sales records, MLS sold and active listings, and appraisal data to estimate house prices. This comprehensive approach is particularly effective in areas where there is limited availability of accurate sale prices, such as non-disclosure states. Property type, price and location data are used to create more refined market segment indices. Real Estate-Owned transactions are not included.
Disclaimer
Opinions, estimates, forecasts and other views contained in this page are those of First American’s Chief Economist, do not necessarily represent the views of First American or its management, should not be construed as indicating First American’s business prospects or expected results, and are subject to change without notice. Although the First American Economics team attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. © 2025 by First American. Information from this page may be used with proper attribution.
About First American Data & Analytics
First American Data & Analytics, a division of First American Financial Corporation, is a national provider of property-centric information, risk management and valuation solutions. First American maintains and curates the industry’s largest property and ownership dataset that includes more than 8.6 billion document images. Its major platforms and products include: DataTree®, FraudGuard®, RegsData®, First American TaxSource™ and ACI®. Find out more about how First American Data & Analytics powers the real estate, mortgage and title settlement services industries with advanced decisioning solutions at www.FirstAmDNA.com.
About First American
First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of
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1 The most recent index results are subject to revision as data from more transactions become available.
2 Note:
View source version on businesswire.com: https://www.businesswire.com/news/home/20250218971819/en/
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Corporate Communications
First American Financial Corporation
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Source: First American Data & Analytics
FAQ
What was the year-over-year price change for Dallas-Plano-Irving homes in January 2025?
How did different price tiers perform in the Dallas-Plano-Irving market?
Which cities showed the largest home price decreases in January 2025?
What was the national home price growth rate in January 2025?
How did luxury home sales perform nationally according to the report?
