Fort Worth-Arlington home prices rose 8.3 percent in July from a year ago, according to the latest CoreLogic Home Price Index.
The increase includes sales of distress properties. Home prices were up 0.9 percent in July from June, CoreLogic said.
Home prices nationwide increased 7.4 percent in July from July 2013, representing 29 months of consecutive year-over-year increases. On a month-over-month basis, home prices nationwide increased 1.2 percent in July from June.
Texas was among 11 states reaching new highs on the index, which dates to 1976, CoreLogic said.
"Home prices continued to march higher across much of the U.S. in July,” said Anand Nallathambi, president and CEO of CoreLogic. “Most states are reaching price levels not seen since the boom year of 2006. Our data indicates that this trend will continue, with more states hitting new all-time peaks this year and into 2015 as the recovery continues."
_ Sandra Baker