DFW Housing Market Down After End of Tax Credits

Tuesday, Sep 28, 2010  |  Updated 12:45 PM CDT
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DFW Housing Market Down After End of Tax Credits

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The Standard & Poor's/Case-Shiller 20-city home price index released Tuesday posted a 0.6 percent increase in July from June and was up 3.2 percent from a year ago. Twelve cities showed monthly gains. Seven recorded declines. Cleveland's prices were flat.

Home sales were boosted by now-expired tax credits. The housing market has weakened since and price declines are expected in many markets into next year.

Here's a look at how the cities in the index performed compared with a month earlier and a year earlier.

--Atlanta: Up 0.2 percent from June, down 0.2 percent from last year.

--Boston: Up 0.6 percent from June, up 2.8 percent from last year.

--Charlotte, N.C. : Down 0.2 percent from June, down 3.5 percent from last year.

--Chicago: Up 1.0 percent from June, down 1.7 percent from last year.

--Cleveland: Unchanged from June, down 0.6 percent from last year.

--Dallas: Down 0.3 percent from June, down 0.4 percent from last year.

--Denver: Down 0.4 percent from June, down 0.1 percent from last year.

--Detroit: Up 1.6 percent from June, up 1.3 percent from last year.

-- Las Vegas, down 0.8 percent from June, down 4.9 percent from last year.

--Los Angeles: Up 0.3 percent from June, up 7.5 percent from last year.

--Miami: Up 0.7 percent from June, up 0.4 percent from last year.

--Minneapolis: Up 0.8 percent from June, up 6.4 percent from last year.

--New York: Up 1.3 percent from June, up 0.6 percent from last year.

-- Phoenix: Down 0.6 percent from June, up 3.4 percent from last year.

--Portland, Ore.: Down 0.3 percent from June, down 1.2 percent from last year.

--San Diego: Up 0.7 percent from June, up 9.3 percent from last year.

-- San Francisco: Up 0.5 percent from June, up 11.2 percent from last year.

-- Seattle: Up 0.1 percent from June, down 1.6 percent from last year.

-- Tampa, Fla.: Down 0.2 percent from June, down 3.2 percent from last year.

-- Washington: Up 1.1 percent from June, up 6.5 percent from last year.

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