Dallas and Fort Worth rank high on the list of the nation’s hottest housing markets according to a study by Ten-X Research, which uses home sales and home price trends and economic metrics — including unemployment rate trends, population growth, and wage growth — to rate markets.

Out of the 50 largest real estate markets listed, Fort Worth ranks No. 3 behind Nashville and Orlando, with Dallas following at No. 4. 

“Dallas and Fort Worth are sitting in some high-performing real estate markets with some strong economic fundamentals," Ten-X CMO Rick Sharga told the Dallas Business Journal. "It shows these markets are getting away from that boom or bust cycle. They are extremely strong job markets and the affordability levels remain healthy even though prices have gone up significantly." 

The company’s data comparisons from this time last year showed that Fort Worth’s home prices grew 11.7 percent while home sales increased 3.4 percent. This marks a 43 percent boost in sales prices since the pre-recession peak.

In Dallas, annual growth factors were up 9.2 percent for home prices and 3.6 percent for home sales. 

Barring any unforeseen economic downturn, he said the robust economy and solid demographic trends reinforce D-FW’s outlook.

"The region has done a good job of diversifying its employment," Sharga concluded. "It looks like the market is setting the stage for further growth."