Dallas Area Home Price Increases Among the Highest in the Nation
Posted by Kenneth G. Cox on
If you need more evidence that the DFW real estate market is scorching hot right now, have a look at the latest S&P/Case-Shiller Home Price Index for 2014. According to its year-end report, Dallas-area home prices saw a 7.5 percent increase from 2013 to 2014, or nearly 3 percent higher than home prices nationwide.
With Denver, Miami and San Francisco all seeing between 8 and 10 percent bumps in home prices, Dallas saw the fourth-highest jump in the country among the major 20 markets that Case-Shiller surveys, edging out cities like Las Vegas, Seattle, and Los Angeles.
To date, home prices in the DFW region are now 13 percent higher than what was seen before the recession, and an astounding 30 percent higher since the beginning of 2012.
It’s important to…
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