The Dallas-area had one of the country’s largest home price gains in a new comparison by CoreLogic.
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Dallas home prices were up 9 percent in August from a year earlier in the annual price report.
The increase was the fifth highest among the markets CoreLogic surveyed.
Nationwide prices were up 6.4 percent in August from the same month in 2013.
Home prices are now at record levels in Texas and eight other states.
The greatest price gains in the nation were in Houston, 11.4 percent, and Riverside, Calif., 11.2 percent.
“Major metropolitan areas such as Riverside and Los Angeles, California, and Houston continue to lead the way with strong price gains buoyed by tight supplies and a gradual rebound in economic activity,” Anand Nallathambi, president and CEO of CoreLogic, said in a statement.
By Steve Brown, Dallas Morning News
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