Thursday, August 30, 2007

Dallas home prices rise among few U.S. gains

Dallas is one of the few cities in the nation where home prices are still rising slightly, according to a national housing survey released Tuesday.

While U.S. home prices fell 3.2 percent in the second quarter, Standard & Poor's quarterly housing index reports that the Dallas metropolitan area was one of only five markets in the country with price gains.

Of the 20 cities it surveys, only Dallas, Seattle, Portland, Ore., Atlanta and Charlotte, N.C., had annual gains in home prices in the second quarter.

Dallas News

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