Monday, January 4, 2016

Dallas Home Prices Now Almost 20% Higher Than Before Recession

Dallas-area home prices are at an all-time high and are now almost 20 percent higher than their prerecession peak.  Dallas-area prices were up 9.3 percent year-over-year in the latest Standard & Poor’s/Case-Shiller Home Price Index report.  There’s no sign of a Dallas home market cool down in the latest nationwide price report.  In factDallas-area home prices are at an all time high in the Case-Shiller report.  Local prices have jumped almost 40 percent since early 2012.

Case-Shiller’s study tracks over time the prices of specific single-family homes located in each metropolitan area. The index survey does not include condominiums and townhouses. It only covers pre-owned properties — not new construction.
-          Dallas Morning News, December 29, 2015

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