Sunday, February 22, 2009

New study shows Dallas-area home prices rose in 2008

What home price decline?

While most recent studies show home prices in Dallas-Fort Worth decreased slightly last year, a new report begs to differ.

First American CoreLogic Inc. says in its latest study that home prices in the D-FW area were up almost 2 percent at the end of 2008 compared with a year earlier.

Nationwide prices were down 11.1 percent, according to the same report.

The study released Wednesday runs counter to others that say median home sales prices fell here in 2008.

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