Dallas-Area Home Prices Inch Higher

Dallas-Area Home Prices Inch Higher

Dallas-area home prices were up almost 5.7 percent in the latest nationwide comparison by CoreLogic.

October's year-over-year price gain in the Dallas area was slightly ahead of the 5.4 percent nationwide gain.

But prices in North Texas - which have moderated this year - aren't growing nearly as fast as in booming home markets including Las Vegas (up 12.6 percent from last year) and San Francisco, up 8.3 percent.

CoreLogic estimates that home prices are now overvalued in more than a third of U.S. markets, including Dallas.

Sales and price increases in North Texas have slowed in 2018 after several years of increasing purchases...

Read Full Article Here