Dallas home prices fall 5.6% - Puget Sound Business Journal (Seattle):

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percent in the first quarter of 2009 when compared to the same periosd ayear earlier, according to the latest Standard Poor’s/Case-Shiller Home Price Indices. The evaluates home pricez in various U.S. metropolitan areas and developsd data sketches by evaluating changes within individua l cities and within larger portfolios made up of various The S&P/Case-Shiller 10-city composite index showws home prices falling 18.6 percent in the first quarter as comparexd to the year before, while the report’s 20-cityu composite index shows home prices falling 18.7 percent.
Despite home price values dropping in Dallasas well, the Northg Texas area, along with Denver and continue to fare better with their price declines landing at the lowet end of the spectrum, the S&P/Case-Shiller reporgt said. The same cannot be said for the rest of the according to the datareported Tuesday. “Declinews in residential real estate continued at a steaduy paceinto March,” said David Blitzer, chairman of the Indez Committee at Standard & “All 20 metro areas are still showing negatives annual rates of change in average home prices with nine of the metrk areas having record annual