Case Shiller & DFW home values
The good news about the boom in new and existing home sales in Dallas just keeps rolling in. It won’t last forever, of course, but let’s enjoy it while we have it. Sales of new single-family homes increased for the third consecutive month, rising to their highest level since 2006. Between June and July, sales…
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The venerable Case-Shiller report that tracks pre-owned home sales, not new builders homes or subdivisions, puts Dallas near the top of the list of cities with the biggest home price gains. Which is, of course, impressive. Standard & Poor’s Case-Shiller home price index says Dallas-area home prices were up 9 percent from February of 2015.…
Read MoreThe good news is that home prices rose for a fourth straight month in most major U.S. cities in July, from June, no shocker because we’ve just emerged from the busiest buying season. And that includes Dallas — a whole point (.3) 3%. The bad news is that when you look at last year, home prices are…
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