Dallas-area home prices were up by more than 9.5 percent in the latest housing report from CoreLogic. The only major market in the report with a bigger gain was Denver, where home prices were up 10.9 percent year-over-year.
“Home prices reached the bottom five years ago, and since then have appreciated almost 40 percent,” Anand Nallathambi, president and CEO of CoreLogic, said in the report. “The highest appreciation was in the West, where prices continue to increase at double-digit rates.”
North Texas home prices are at record levels. Dallas-Fort Worth topped other major Texas cities for both first-quarter annual price increases and sales, according to a new report by the Texas Association of Realtors.