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Dallas home prices showing gains, fueling optimism

By Steve Brown / The Dallas Morning News

The outlook for Dallas home prices was brighter in two indexes released Tuesday.

They were down 2.2 percent in June from a year earlier but rose 2.7 percent from May to June to the highest level since last September, according to the closely watched Standard & Poor’s/Case-Shiller Index. It was the fourth consecutive month of gains in the Dallas index price, S&P said Tuesday.

And the Federal Housing Finance Agency said that Dallas-area prices were up slightly in the second quarter.

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