Dallas-Fort Worth Home Prices on the Rise
Posted by Kenneth G. Cox on
According to a recently released report from CoreLogic, Dallas-Fort Worth home prices were up an astounding 9.1% year over year in October—a number that continues to follow a trend the entire region is seeing, which is also well above the national average of 6.1% in that same timeframe.
While the Dallas-Fort Worth area is seeing the largest rise in home prices, the entire state of Texas is also experiencing relatively high increases over the past year, with statewide pricing up 8.7% from October 2013 to October 2014.
Based on projections from some economists, home prices all throughout the U.S. are expected to rise, with around half of the country believed to reach or surpass price levels seen prior to the housing bubble at some point in 2015.
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