Dallas area home prices continued to climb year-over-year, matching expectations in the North Texas residential market, says Ted Wilson, principal of Dallas-based Residential Strategies.
The Dallas metropolitan area's home prices rose 7 percent year-over-year in January, according to Standard & Poor's/Case-Schiller Home Price Indices released Tuesday.
Dallas area home prices remained flat in January, compared with the previous month.
"Home prices are still trending upward," Wilson said, of the data. "I'm sure it will go on for the next year or so, as long as the rates stay low.
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