Confused about which direction home prices are going? Then consider this: Dallas home prices dropped .7 percent from August to September, but we’re still ahead for the year. And that makes us very rare in the country.
Those are the figures from the just-released S&P/Case-Shiller National Home Price Index, which showed a 4.5 percent drop nationally from the same time last year. Our prices increased. .2 percent. The national month-to-month decrease was 1.7 percent, so we’re running ahead of that, too.
The biggest loser was Tampa, down 11.1 percent from last year. The biggest winner was Charlotte, N.C., up 4.7 percent. That 4.5 percent loss, by the way, was the largest in the survey’s 21-year history.
