May Data: Dallas-Fort Worth Home Listings Lead Nation
Dallas-Fort Worth's home inventory surged to its highest level in years, according to data from Homes.com.
In May, home listings in the Metroplex were up 16.7% compared to one year prior. Nearly 33,780 homes were listed in the month, the highest number of listings in any market in the country.
Bill Kitchens, director of market analytics at Homes.com, said the results indicate a recovery to the trends witnessed before the pandemic kicked off.
'We're seeing this shift in the balance of power moving closer in favor of the buyers. The buyers have more options than they had a year ago or even two years ago, so it's an indication that we're seeing a much more balanced market compared to not too long ago,' he said, per WFAA.
In terms of growth, DFW ranked No. 17. Nationally, average home inventory expanded by 17.2%, with Atlanta taking the top spot in May at 41.6%.
Prospective buyers will likely welcome the plethora of options currently available in DFW; sellers, not so much.
'For someone who's selling their home, I think it's important to understand that they may have more competition than they've had in the past, and this also affects price,' said Kitchens.
It is not just homes that are leading in the real estate sector in North Texas.
Last month, The Dallas Express detailed a report from Lodging Econometrics that said Dallas led the nation with the largest hotel construction pipeline during the first quarter of 2025. In Q1, the Big D boasted 203 projects covering 24,496 rooms, a record high.
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Fox News
31 minutes ago
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Ram to enter trucks in 2026 with possible future move to Cup for Dodge
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Top Stock Market Highlights of the Week: City Developments Limited, GlobalFoundries and Mapletree Investments
Welcome to this week's edition of top stock market highlights. City Developments Limited, or CDL, and IOI Properties Group Berhad (KLSE: 5249) announced a share sale agreement for their joint venture South Beach mixed-use development. Under this agreement, IOI will acquire CDL's 50.1% stake in South Beach based on an agreed property value of S$2.75 billion. This value is a 3% premium over South Beach's latest valuation of S$2.67 billion as of 31 December 2024. Based on CDL's share, the sales consideration amounts to S$834.2 million. Both CDL and IOI have been joint venture partners in South Beach since 2011. The property comprises Grade A office space, a 634-room hotel, restaurants, cafes, and South Beach Residences, which consist of 190 luxury apartments and penthouses. CDL expects that the disposal will result in a gain of approximately S$465 million when the transaction is completed by the third quarter of this year. The blue-chip property group believes that this divestment represents a strategic opportunity to unlock value from South Beach and will provide it with enhanced financial flexibility to redeploy the proceeds. The sale also allows CDL to crystallise gains in the property, and proceeds will be used to reduce borrowings to improve its net gearing ratio. The cash can also be used for new acquisitions, investing in new development projects, or to optimise its capital management. Such divestments remain a key pillar of CDL's strategy and involve capital recycling activities that promise to unlock value for its shareholders. GlobalFoundries is the latest company to announce plans to spend money to bolster its US production. The Malta-based company manufactures essential chips for semiconductors and electronics makers that handle vital but mundane tasks such as controlling power and managing the flow of data inside devices. 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Meet What's New with Florida's Historic Coast's New Amenities
2025 brings new flights, fresh bites, and an endless list of hot things to do. Hastings farming heritage is celebrated in new mural Newly reconstructed Fort Mose St. Augustine, FL, June 08, 2025 (GLOBE NEWSWIRE) -- Florida's Historic Coast is the place to stay and play this summer and into the Fall with tons of new amenities and adventures to elevate any trip. New Places to StayNow under construction, the AC Hotel St. Augustine by Marriott, situated on the San Sebastian River in St. Augustine's Historic District, is bringing a thoughtful perspective on luxury. Slated to open this fall, the new space features 142 guest rooms, 1,500 square feet of meeting space, a lounge serving cocktails and a curated menu, the latest in integrated technology, and a 65-slip marina. 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Two new spaces opened in Historic Downtown St. Augustine: Saint and The French Pantry. Saint offers Italian fine dining with a beautiful courtyard and open-air balcony seating right on the bayfront. Recently opened on 36 Granda Collective concepts, featuring The French Pantry, serving French-inspired baked goods and heartier fare, along with Little Miss Ha, La Petite Kitchen, and Cache Cache. Each brings a unique perspective to the shared culinary experience. In nearby Hastings, the Hastings Coffee Company has become the place for coffee and community where guests gather and chat over espresso drinks, hand-poured coffees, and locally sourced treats. Explore and PlaySt. Augustine's Florida Water Tours is welcoming a new boat to its fleet. 'Great Blue Heron' will be ready to help passengers discover the real Florida this summer, with ecotours, sunset cruises, wine tastings, and more. Rated for 49 passengers, the family-owned and operated outfit can now accommodate 109 passengers between its three boats. I n Ponte Vedra, TPC Sawgrass has promoted Matt Borocz to General Manager of the expansive Ponte Vedra property, which hosts the international THE PLAYERS Championship and encompasses two world-class golf courses, NINETEEN restaurant, and over 13,000 square feet of banquet and meeting space. The settlement of Garcia Real de Santa Theresa de Mose, now referred to as Fort Mose Historic State Park, was established in 1738 as the first free black settlement in the United States and was inhabited by former slaves, who escaped through the original Underground Railroad, which flowed from Georgia and the Carolinas to Spanish St. Augustine. Fort Mose Historic State Park serves as a historical and cultural destination and features a newly opened reconstruction of the fort structure, and after 30 years of work, Fort Mose has once again become a tangible structure. The replica fort, new centerpiece of the park opened in May 2025, and was constructed at a cost of $3 million, raised through grants, donations, and fundraising events like the annual Fort Mose Jazz & Blues Series. Fort Mose is open Thursday through Monday, from 9 a.m. to 5 p.m. with guided tours of the new fort are at 10 a.m. and 1 p.m. Concerts at the St. Augustine Amphitheatre just got way cooler, with the addition of The Amp Shop and Box Office, offering exclusive Amphitheatre-branded apparel, collectibles, and in-person concert ticket sales to avoid online ticketing fees. The expansion also includes The Kookaburra Coffee Outpost, a full-service coffee shop offering a comprehensive menu of coffee, espresso, house-made baked goods, and retail coffee products. August 1, 2025 will mark the reopening of the Ponte Vedra Concert Hall, an indoor live music venue that has undergone an extensive renovation designed to elevate the listener experience. The Hall is hitting the ground running with a full slate of performances, including Dan Tyminski Band, Sister Hazel, and Melissa Etheridge. Tickets for the summer/fall line-up of performers are now on sale. The rural community of Hastings has added a new piece to its growing public art collection with a mural by Kelsey Montague. Secured through the St. Johns Cultural Council's Art in Public Spaces grant program the artwork celebrates the area's rich farming heritage with vibrant imagery of local crops, native wildlife, and an interactive vegetable cart pulled by a real bicycle. And, St. Johns County's multigenerational Treaty Park is now home to 12 new pickleball courts, bringing the total to 20 courts, making it the perfect location for some friendly competition. FlightsGetting here is easier with new flight options. Jacksonville International Airport (JAX) now offers nonstop flights to New Castle, Delaware, through Avelo; a route to Austin, Texas, courtesy of Delta Airlines; and Allegiant started direct service to JAX from Des Moines, Iowa, Grand Rapids, Michigan, and Akron-Canton, Ohio. Arajet is expanding into the Orlando market with new nonstop service between Orlando Sanford International Airport and Punta Cana International Airport in the Dominican Republic. In addition to their existing service at JAX, Breeze Airways will begin service between Daytona Beach International Airport and Akron-Canton, Ohio, as well as Ocean City, Maryland, this fall. Coming with a group or looking for a meeting spot that strikes a balance between work and play? Be sure to download the new Group Travel Guide, the penultimate tool for planning meetings and group events. Located midway between Daytona Beach and Jacksonville, Florida's Historic Coast includes historic St. Augustine, the outstanding golf and seaside elegance of Ponte Vedra, the rural beauty of Hastings, Elkton, St. Johns, and 42 miles of pristine Atlantic beaches. Visitor Information Centers are located at 10 Castillo Drive, St. Augustine; 200 Solana Rd. Suite B, Ponte Vedra Beach: and at the St. Johns County Beach Pier Park, 350 A1A Beach Blvd., St. Augustine Beach. For advance travel information, call 1.800.653.2489 or go to the Visitors and Convention Bureau website at Check us out on social media Instagram @FloridasHistoricCoast; @ViajaStAugustine, and and Twitter @FlHistoricCoast # # # Attachments Hastings farming heritage is celebrated in new mural Newly reconstructed Fort Mose CONTACT: Barbara Golden St. Augustine, Ponte Vedra & The Beaches Visitors & Convention Bureau 9046698142 Bgolden@
