THE COMMUNITy AND SCHOOL DESEGREGATION: THE SEARCH FOR HOUSING MARKET EFFECTS

This paper attempts to measure the effect of a court-ordered desegregation plan on three aspects of the housing market in Dallas County, Texas. The indicators include sale price, number of sales, and proportion of home sales financed by conventional mortgages. Monthly data from 1969 to 1979 are analyzed using Box-Jenkins time series models. After best fit models are determined, various intervention terms are introduced into the models to assess the impact of both a 1975 Circuit Court Order and a 1976 District Court Order. The analysis suggests neither order had a measurable effect on the housing market in Dallas.