TODAY'S TOP STORY
By STEVE BROWN / The Dallas Morning News
Dallas-area home price declines gained momentum early this year, according to a just-released analysis.
Local home prices fell by more than 4 percent in the latest monthly S&P/Case-Shiller home price index published Tuesday.
The benchmark housing price survey found that Dallas-area home prices in February had dropped to the lowest point since April 2005.
And local home prices
were down more than 7 percent from their peak in the Case-Shiller index last summer.
Nationally, home prices declined 12.7 percent from a year earlier in the latest survey.
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