September 30, 2008
Standard & Poor’s released its S&P/Case-Shiller Home Price Indices for the month of July on Tuesday, proving that while home values in Dallas are down, home prices in the Big D still fare better than in most American cities.
The S&P/Case-Shiller 20-city composite home price index shows home prices in Dallas declining 2.5 percent over the previous year's July and rising 0.6 percent between June and July. Of the 20 cities indexed, Dallas performed second best in one-year changes, second only to Charlotte's 1.8 percent decline for the one-year period.
The 20-city composite index as a whole saw an annual decline of 16.3 percent in July.
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