The question is too broad. Real estate is sold in micro markets, neighborhoods and small areas. What's happening in the Park Cities isn't what's happening in the M Streets or what's happening in Lakewood or what's happening in Las Colinas. Some areas are flat to down, other areas are up. An average for the entire Metroplex is just that, an average used to report news. August pre-owned home sales were up 14% nationally, but when you are purchasing property the national average shouldn't mean much to you. Micro markets are what matters when you are in the market to purchase or sell, not entire metropolitan areas. However, as a whole the DFW area is up, but being up is meaningless to the guy trying to sell his property in a down micro market or neighborhood, and from a simple housing standpoint, should be fairly meaningless to an individual that needs a place to live. Micro, micro, micro - that is what matters.