Each month Standard & Poors (S&P) releases the Case-Shiller Home Price indices. They cover twenty metro areas, including DFW. Their data is based on the repeat sale of the same home, so it compares apples to apples. The Case-Shiller home page is here.
There have been big declines some cities over the past two years, and the headlines always emphasize the national average. Happily for us, DFW has been doing much better than that average. In fact, the latest report shows we have suffered the smallest decline (-3%) over the past year of any reported metro area versus the average of -18%. The local -1.1% drop in a month continues a trend of down months since last spring.
Here is a summary of the report, sorted by annual decline:
This chart shows the monthly change in the Dallas and Composite-20 index for the past two years:
There have been big declines some cities over the past two years, and the headlines always emphasize the national average. Happily for us, DFW has been doing much better than that average. In fact, the latest report shows we have suffered the smallest decline (-3%) over the past year of any reported metro area versus the average of -18%. The local -1.1% drop in a month continues a trend of down months since last spring.
Here is a summary of the report, sorted by annual decline:
| Metro Area | One Month Change | One Year Change |
| TX-Dallas | -1.1% | -3.0% |
| NC-Charlotte | -1.8% | -4.4% |
| CO-Denver | -1.5% | -5.2% |
| MA-Boston | -1.1% | -6.0% |
| OH-Cleveland | -1.0% | -6.2% |
| NY-New York | -0.9% | -7.5% |
| OR-Portland | -1.9% | -10.1% |
| WA-Seattle | -1.4% | -10.2% |
| GA-Atlanta | -2.4% | -10.5% |
| IL-Chicago | -1.6% | -10.8% |
| MN-Minneapolis | -3.4% | -16.3% |
| DC-Washington | -2.7% | -18.7% |
| FL-Tampa | -3.4% | -19.8% |
| MI-Detroit | -4.5% | -20.4% |
| CA-San Diego | -3.0% | -26.7% |
| CA-Los Angeles | -2.6% | -27.9% |
| FL-Miami | -3.0% | -29.0% |
| CA-San Francisco | -4.2% | -31.0% |
| NV-Las Vegas | -2.7% | -31.7% |
| AZ-Phoenix | -3.3% | -32.7% |
| Composite-20 | -2.2% | -18.0% |
This chart shows the monthly change in the Dallas and Composite-20 index for the past two years:
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