YOY Increase: 4.4%
The one-year gain in home prices down in Dallas was stuck at 3.6% in July and August. In September, though, it made progress, improving to a solid 4.4%.
Things got even better month-to-month as well, with prices gaining 0.2% from August to September — double the slight gain the city enjoyed from July to August.
Real estate experts in Dallas still are optimistic about the recovery, pointing to the falling number of foreclosures, fewer homes on the market and low mortgage rates.