Dallas-area Home Prices Rising


Dallas-area Home Prices Rising

 

Dallas-area home prices were up 9.3% in March from a year earlier in the latest Standard & Poor’s/Case-Shiller Home Price Index.

 

The Dallas-area increase was more than twice the national average of 4.1%. And March’s year-over-year price gain rose from 8.6 percent in February.

 

Dallas had the third-highest home price increase in the country, behind San Francisco, 10.3%, and Denver, 10%.

 

Experts agree that North Texas home prices are rising thanks to strong growth in the region and a shortage of homes for sale.

 

To find out what your North Texas home is worth, contact an Ebby Associate today. It’s easy to find the right agent for your residential real estate needs at the award-winning ebby.com.