A few years ago, news of a 5 percent drop in Dallas home prices would have caused blood to run cold in the local real estate market.

But in the current national housing market depression, Dallas’ price decline is being hailed as the best in the country.

Dallas had the smallest home price decline among 20 cities in the January Standard & Poor’s/Case-Shiller Home Price Index.

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This entry was posted on Wednesday, April 1st, 2009 at 9:10 am and is filed under Dallas Real Estate, Dallas Neighborhoods, Dallas News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.