Dallas-area home prices were up by 6.4 percent in November. That's slightly less than the nationwide year-over-year median home price increase, according to researchers at CoreLogic. Nationwide, prices were 7 percent higher from November 2016 levels.
Dallas-area home prices are at record levels but are rising at a slower rate than in recent years. Through the first 11 months of 2017, median sales prices for preowned single-family homes were 9 percent higher in North Texas than in the same period of 2016, according to the latest data from local real estate agents. North Texas home prices have risen 60 percent since 2009 during the recession.
- Dallas Morning News, January 3, 2018