Read the May 30th Allmanac for the latest news in Dallas real estate!

Dallas: Home prices hit an all time high in the latest S&P Case-Shiller Index, up 10% from a year earlier, fourth consecutive month for a double digit increase. Prices are now 6% higher than the previous peak in 2007. Nationwide prices were up 10% from last year but still 20% below pre-recession levels. National prices are groaning at a slower rate, mortgage rates are rising and negative equity is receding.