Dallas business in 2023: Our look ahead at real estate, inflation, aviation, jobs and more

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🔮 Dallas business in 2023: Our look ahead at real estate, inflation, aviation, jobs and more 2023 2023biz 2023forecast 2023DMNforecast

Will immigrants play key roles? Will grocery competition intensify? Dallas Morning News business writers gaze into the crystal ball10:58 AM on Dec 28, 2022 CST

Dallas-Fort Worth’s economy was once heavily weighted by real estate and finance. Now we’re an eclectic assortment of traditional fare to oddball specialties. If one gets hit, it’s unlikely to create the kind of chaos we’ve experienced in past recessions. Our veteran team of journalists was asked to look at a number of factors that contribute to the North Texas economic landscape and see what might be on the horizon.We’re entering the New Year with a complex combination of emotions. We’re anxious about household inflation that’s doubled the price of eggs, a superheated housing market with a case of the chills, and a humanitarian crisis at our southern border. And we’re at diametric odds over so many important issues.

 

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Will Dallas-Fort Worth's Resilient Housing Market Crash in 2023?North Texas home prices are up more than 50% from where they were before the pandemic. I hope so. The rent rates are ridiculous. I've given up on hoping for a house. Yes I pray it happens. These property taxes are ridiculous and need to be cheap. They already are. Most properties in the Dallas market are declining. Some over 10% the last 3 months alone.
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