While the nationwide housing market is certainly important, especially as it significantly effects the overall economy, of substantially greater import are conditions of the local housing market; which we track closely. An increasing number of reports from around the country, and from Western Europe, are beginning to filter in which suggest that the worst of the housing market – as is the case with the overall economy – is behind us and that it has even begun the recovery process. Lexington Luxury Builders makes the below charts – graciously furnished by Altos Research – available as a service to our readers and customers. The charts present data about the local Dallas area and, in particular, the Plano Texas housing market. As is immediately noteworthy in the Inventory Chart, housing inventory in Plano is being rapidly depleted and is substantially improving. Not surprisingly, the Median Price chart is now trending up, it is lagging the change in inventory by several months. Updated daily.