Thursday, February 26, 2009

Dallas-Fort Worth home prices slide, but not as bad as nationally

By Andrea Jares

Feb 24, 2009

North Texas home values dropped 4.3 percent between December and a year ago, according to figures released Tuesday morning from the S&P Case-Shiller Price Indices.

The price drop is the second-least severe of all 20 metro areas surveyed. Denver had a 4 percent drop.

Dallas-Fort Worth is also faring better than the national average, which saw an 18.2 percent drop between December 2007 and December 2008.

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