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HOUSING VALUES RISE

Posted by on Mar 23, 2009 in Dallas Metroplex Housing Market, Housing Market Update | 0 comments

Only four U.S. housing markets experienced an increase in value during January, and three of those were in Texas, according to a survey released Monday.

First American CoreLogic reports that Austin–Round Rock saw a 3.9 percent increase in housing market value.

Houston–Sugar Land–Baytown reported a 3.6 percent increase and Dallas-Plano-Irving home values jumped 1.5 percent.

Throughout Texas, home prices were up by just under 2 percent.

By comparison, home prices nationwide fell 11.6 percent in January compared to a year ago.

Source: Dallas Morning News

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