By STEVE BROWN / The Dallas Morning News
Dallas-area home prices are still ahead of where they were a year ago. But the rate of increase has dwindled from earlier in 2010.
In June, home prices in the Dallas area were up 1.2 percent from a year ago, according to the latest Standard & Poor’s/Case-Shiller Home Price Index.
That’s a fraction of the more than 4 percent year-over-year gain the area saw in January.
And the Dallas area June increase was much less than the 4.2 percent nationwide gain, Case-Shiller found.
Analysts worry that the housing sector recovery has lost steam since federal buying incentives expired a few months ago.
“The homebuyers’ tax credit has expired, foreclosures are still at high levels, and July data on home sales…