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North Texas home prices rise 1 percent in July

North Texas home listing prices rose 1 percent between June and July and 2.1 percent in the past 3 months, according to figures released Monday by Altos Research and Real IQ.

Half of the 26 areas of the monthly survey reported a decline in the asking prices in July. Three metro areas were flat. The 10-city composite was down 0.8 percent between June and July.

Last week, the Standard & Poor’s Case-Shiller home price indices indicated a 3.1 percent drop in North Texas home prices between May 2007 and 2008. The monthly survey bases its measurements on home sales data.

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