Tuesday, April 7, 2009

Texas claims 3 of 4 “up” markets

While home prices nationwide fell 11.6% in January compared to a year ago, Texas had three of the only four housing markets in the country where homes actually increased in value. Austin-Round Rock had a 3.9% increase in housing market value, Houston-Sugar Land-Baytown home values jumped 3.6%, and Dallas-Plano-Irving grew by 1.5%. Statewide, home prices rose nearly 2%, according to a report compiled by First American CoreLogic.

Source: Dallas Morning News

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