Top Stories: What's Next For North Texas Housing Market; Why Middle Class Is Shrinking | KERA News

Top Stories: What's Next For North Texas Housing Market; Why Middle Class Is Shrinking

May 31, 2016

The top local stories this afternoon from KERA News: The latest S&P/Case-Shiller Home Price Index shows housing prices in Dallas rose almost two percent in the last month. However, a recent report from the Federal Reserve of Dallas wonders if the drop in oil prices will lead to a bust in house prices. John Duca works for the Fed and talks about what’s next for the housing market. 

New research shows the middle class is shrinking in nine-of-out-10 metropolitan areas, including Dallas-Fort Worth. The Pew Research Center’s Rakesh Kochhar talks about what this means for North Texas and beyond. 

Other stories this afternoon:

  • Texas Lieutenant Governor Dan Patrick is not shying away on his stance on the Fort Worth school district’s bathroom guidelines for transgender students. Patrick announced today he’s asking the Texas Attorney General to rule on the legality of the guidelines, and he says the Texas Legislature could take action if the district doesn’t make changes.

 You can listen to North Texas stories weekdays at 8:22 a.m. and 6:20 p.m. on KERA 90.1 FM.