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Case-Shiller: Dallas Area Home Prices Up 6.8 Percent

The Dallas-area continues to see gains in home prices in the closely-watched Standard & Poor’s/Case-Shiller Home Price Index.Dallas-area home prices were up 6.8 percent in March from a year ago in the latest monthly home price comparison. 

Homes prices were up 7.1 percent in February and 7 percent in January from a year earlier.Dallas-area home prices are now only about 3 percent below where they were before the recession, according to Case-Shiller’s numbers. Prices in the Dallas area have been rising on a year-to-year basis for the past 13 months.

Nationwide, prices were 10.9 percent higher than in March 2012 – the biggest increase in the index since 2006.“Home prices in all 20 cities posted annual gains for the third month in a row,” says Standard & Poor’s David M. Blitzer. “Twelve of the 20 saw prices rise at double-digit annual growth.

”The largest increase among the 20 cities Case-Shiller tracks was Phoenix with a 22.5 percent home price gain from March 2012. San Francisco prices were up 22.2 percent and Las Vegas had a 20.6 percent increase. 

The Dallas area never saw the decline in prices those three cities experienced.Given the continuing increase in home values and the markedly decreased competition for sellers, now is an ideal time to offer your North Texas property for sale!

9 Comments to Case-Shiller: Dallas Area Home Prices Up 6.8 Percent:

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Toronto Real Estate Agent on Tuesday, June 11, 2013 7:00 AM
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managed office space Victoria on Thursday, July 11, 2013 1:17 AM
You have shared valuable information about the real estate market. The increase in home value may decrease the competition in sellers.
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car accident lawyer sydney on Friday, July 19, 2013 7:16 AM
Yes, I agree with you that there are rising the prices of housing and it continuously going to increasing.
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Quick Property Sale in London on Thursday, July 25, 2013 6:14 AM
Hi! This blog gives accurate and precise information about the Dallas home prices of different months, I was looking for. Thanks for sharing. This might be useful info for the property dealers. I want to appreciate writers’ valuable efforts.
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Corporate Accomodation on Wednesday, December 11, 2013 4:23 AM
Home prices are continuously going to increasing and its prices will be increasing in future. All the information you made about that topic was really well. Thanks for updating that.
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