Dallas-Area Home Prices Reach Record
Prices of preowned homes in the Dallas area were up 7.4 percent in the latest Standard & Poor’s/Case-Shiller Home Price Index. The gain in September from a year ago was the fourth highest in the country – significantly ahead of the 4.9 percent nationwide increase. Home price increases nationwide have slowed in recent months, but in the Dallas area, the year-over-year price increases have remained steady. Charlotte, North Carolina and Dallas continue to have price increases considerably above the national average. Dallas-area home prices are now 12 percent higher than they were before the recession and at record level in the Case-Shiller index.
- Dallas Morning News, November 26, 2014
