Four for Texas in top eight U.S. cities’ record home prices

AUSTIN, DALLAS, HOUSTON, SAN ANTONIO – Texas’ four largest cities were included in the top eight U.S. cities with record home prices, according to the Wall Street Journal.

Austin recorded the highest change in home prices from the 2006-2008 peak, with area home prices rising 18 percent since that time.

Houston was second, with 17 percent growth, while Dallas was fourth with 12 percent and San Antonio was sixth with 8 percent.

Texas, of course, didn’t have a big housing bubble when many other parts of the U.S. did between 2003 and 2007.

Nationally, prices are down 10.2 percent from their June 2006 peak, according to figures from Black Knight Financial Services.

Black Knight tracks home transactions in 18,500 U.S. ZIP Codes, and it publishes data on the top 40 metro areas every month.