Dallas-Area Home Prices Up


Dallas-Area Home Prices Up

Dallas-area home prices were up 7.4 percent in the just-released Standard & Poor’s/Case-Shiller Home Price Index.

 

The gain from a year ago was the fourth highest in the country and significantly ahead of the 4.9 percent nationwide gain.

 

The biggest increases were in Miami, up 10.3 percent, and Las Vegas, up 9.1 percent. Charlotte and Dallas were the only two cities to see their annual price gains increase from the previous month. Dallas home prices were up 7.3 percent in August.

 

Dallas-area home prices are now more than 12 percent higher than they were before the recession and at a record level in the Case-Shiller index.

 

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