Dallas-Fort Worth home prices rise 3.5% as housing market fends off interest rate pressure

DFW home prices saw an annual gain of 3.5% in Feb. as the national market bucked trends. It is DFW’s largest annual increase since Jan. 2023.

Dallas-Fort Worth home prices saw an annual gain of 3.5% in February as the national market bucked trends.

It’s below the nationwide 6.4% year-over-year gain, according to the latest S&P CoreLogic Case-Shiller Home Price NSA Index. But it is D-FW’s largest annual increase since January 2023, according to preliminary data from the closely watched housing measure.

The 6.4% nationwide increase is the fastest annual rate since November 2022 as U.S. home prices hit or approach all-time highs, said Brian D. Luke, head of commodities, real and digital assets at S&P Dow Jones Indices.

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Source: The Dallas Morning News

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