Home Prices Just Hit An All-Time High In Two Cities
Wikimedia Commons The May Case-Shiller home prices stats are out. Year-over-year, prices climbed by 12.17%.
While this was a hair below expectations, all twenty cities showed increases.
And two cities set new records.
"Dallas and Denver reached record levels surpassing their pre-financial crisis peaks set in June 2007 and August 2006," read the report. "This is the first time any city has made a new all-time high."
Here's a look at the trajectory of Denver prices:
And here's Dallas: