Read the August 2nd Allmanac for the latest news in Dallas real estate!

Dallas home prices set another record in May according to data from S&P Dow Jones for the Case-Shiller Index tracking 20 metro areas. Preowned prices were up 7.6% in May over a year ago, the largest gain since the Index began tracking Dallas prices in 2000. Both Dallas and Denver now are about 1% ahead of pre-recession price levels.

Allmanac Aug. 2