Moody’s Economy.com says more than three-fourths of U.S. housing markets will suffer drops in prices. However, the Dallas area will continue to see gains in median home prices. Which is great news for North Texas home owners.

Moody’s outlook anticipates that nationwide, home prices will fall by almost 8%. But prices are forecast to keep rising in Dallas over the next couple of years.

The largest declines in residential home prices will be in California, Florida, Nevada and Michigan markets, the report predicts.