Read the June 14th Allmanac for the latest news in Dallas real estate!

The north Texas housing market broke records in May, up 23% over last year, with 9,197 homes sold, the most ever in one month. Condo sales were 614, up 54%. Median home prices rose 11%, highest level ever. Pending sales for homes are up 14%, for condos 32%. Although listings were up 8%, the total inventory was down 22% from last year. 118 homes were sold in the Park Cities and 118 in Preston Hollow.

Allmanac June 14 2013 copy copy copy copy