The Dallas-Fort Worth housing market and economy are not only outpacing the rest of the state, but are also outpacing the national average.
Although the metro’s economy slowed in May, with job growth dipping at a 0.6% annualized rate, it is still growing on a yearly basis, a recent report from the Federal Reserve Bank of Dallas said.
Year-to-date, DFW employment grew 1.5%, outperforming the state’s 1.1% rate.
Looking ahead, the Dallas Fed business-cycle indexes point to continued growth, albeit at a slower pace, for the metroplex.
Here are four charts that show the state of the Dallas-Fort Worth economy.
1. Employment
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Source: Dallas Fed
2. Home prices
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Source: Dallas Fed
3. Unemployment rate
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Source: Dallas Fed
4. Housing Affordability
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Source: Dallas Fed
