The latest Standard & Poor's/Case-Shiller Home Price Index was recently released, revealing that Dallas area home prices saw the slowest growth rate in nearly six years.
According to the report, homes prices around the DFW region were up just 5.8 percent in March compared to the same time last year, which represents the smallest year-over-year increase since 2012.
Additionally, Dallas’ recent home price figures were also below the national average growth rate of of 6.5 percent, and well below cities like Seattle and Las Vegas, which saw 13 and 12.4 percent home price increases respectively.
Also noted in the report was that home prices in the U.S. home prices are now 1 percent higher than they were prior to the housing crash that started in 2006, and here in the DFW area specifically, prices are over 40 percent higher than before the recession.
Posted by Kenneth G. Cox on
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Posted by Brandon Richards on Monday, July 23rd, 2018 at 3:50pmLeave A Comment