Home prices in North Texas are continuing to reach record levels, as Dallas area home prices were up 8.6 percent year-over-year in May, setting an index record of 138.51, according to the S&P/Case-Shiller Home Price Indices report released Tuesday.
From April to May, home prices in the Dallas area rose 1.3 percent.
The only other city in the 20-city national composite to set a home price index record in May was Denver. Detroit is the only city that has yet to reach home price levels seen in January 2000, according to the report.
Read more...Homes prices increase 8.6% in Dallas, sets new record - Dallas Business Journal
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