Dallas home prices growing at slowest rate since 2012Dallas home prices growing at slowest rate since 2012https://www.recenter.tamu.edu/news/newstalk-texas/?Item=202132018-05-29T05:00:00Z2018-05-29T16:00:00Z

​​​​​​DALLAS – Area home prices rose at the slowest rate in almost six years, according to the latest Standard & Poor's/Case-Shiller Home Price Index. 

Local prices were up 5.8 percent year over year in March​​. The last time area home prices grew at such a slow rate was 2012. 

Area home prices are more than 40 percent higher than pre-recession prices. ​

​According to the index, nationwide home prices rose by 6.5 percent in March. U.S. prices are now 1 percent higher than they were before the housing crash in 2006, according​ to Case-Shiller.

"Until inventories increase faster than sales or the economy slows significantly, home prices are likely to continue rising," Standard & Poor's David M. Blitzer said in the report. "Compared to the price gains of the last boom in the early 2000s, things are calmer today."​

Dallas Morning News
Dallas-Fort Worth-Arlington
https://www.dallasnews.com/business/real-estate/2018/05/29/dallas-area-home-prices-growing-slowest-rate-almost-six-yearsRead more at {Source}

 Search NewsTalk Texas