Here's One Reason Why Irving Home Prices Are Dropping

As usual, it all comes down to supply and demand (but mainly supply).

Home prices in the city of Irving, Texas have declined over the past year, and inventory growth plays a major role in that trend.

It's the same story for many cities across Texas: higher housing costs have reduced buyer demand, leading to inventory growth and weaker home prices.

This report examines recent home price trends in Irving, Texas—and what they say about the housing market from both a buyer's and seller's perspective.