- Dallas-Plano-Irving home prices decreased by 1.2% year-over-year in June 2025.
- Nationally, home prices increased 1.7% year-over-year, indicating a broader market slowdown.
- First American Data & Analytics highlights varying impacts across different market tiers and regions.
In June 2025, the Dallas-Plano-Irving metropolitan area experienced a year-over-year decline in home prices of 1.2%, according to the latest Home Price Index report by First American Data & Analytics. This reflects a consistent cooling of the housing market in this region.
Nationally, the index revealed a 1.7% increase in home prices over the same period, confirming a slowing pace of growth across the United States. Mark Fleming, Chief Economist at First American (FAF, Financial), noted that this trend represents a shift towards a more balanced housing market.
The report also detailed tier-specific changes within the Dallas-Plano-Irving area, with starter homes seeing a slight increase of 0.5%, mid-tier homes decreasing by 0.4%, and luxury homes dropping by 1.6%. This indicates a varied impact across different segments of the housing market.
Other metro areas such as Oakland, Calif., and Phoenix also witnessed substantial declines in the starter tier, with decreases of 6.4% and 4.7% respectively. These shifts may offer new opportunities for buyers entering the market.
The findings from First American Data & Analytics suggest that while national affordability constraints persist, certain markets are beginning to realign in favor of buyers. The next update to the Home Price Index is scheduled for release in August 2025.
