Prices Jump Most in 2 Years -CoreLogic

Posted To: MND NewsWire

For the sixth consecutive month , the CoreLogic Home Price Index (HPI) increased on an annual basis by a greater degree than it had in the previous month. The HPI for November 2016 indicates that there was a 7.1 percent appreciation in home prices nationally when compared to November 2015. The year-over-year increase in reported by CoreLogic for January 2016 was 6.9 percent. It then ticked down steadily until June and an annual gain of 5.7 percent. Since then the increases have accelerated with the change from October to November the largest to date at 0.04 percentage point. On a month-over-month basis the gain from October to November was 1.1 percent . This is the same increase that has been posted in each of the last six months. Annual appreciation was highest again in Oregon, Washington…(read more)

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