Dallas-area home prices growing at one of the highest rates in the country

Dallas bumped up its home price gains in the latest nationwide comparison.

Home prices for the Dallas area were up 8.9 percent from a year ago in the just-released Standard & Poor’s/Case-Shiller Home Price Index.

The year-over-year increase in Dallas in August was the highest in almost six months. And it was up a bit from the 8.7 percent rise in July.

The Dallas area was among the five U.S. cities with the greatest home price appreciation in Case-Shiller’s monthly survey.

Nationwide prices were 4.7 percent higher than August 2014 levels.The largest annual increases were in San Francisco, Denver (both 10.7 percent) and Portland (9.4 percent).

Read more on the Dallas Morning News

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