Another Price Report Shows Significant January Increases

Posted To: MND NewsWire

Normal 0 false false false EN-US X-NONE X-NONE January is shaping up to have been a good month for house prices – or a bad one if you are in the market for a home. CoreLogic today said that its Home Price Index (HPI) indicates that prices were up from January 2015 to January 2016 by 6.9 percent . This was substantially above the December annual price change estimate of 6.3 percent. Prices rose month over month by 1.3 percent compared to 0.8 percent in December. Last month CoreLogic predicted a 0.2 percent December to January increase. The CoreLogic figure makes the annual price gain for existing homes released last week by The National Association of Realtors ® (NAR) a little less of an outlier. They had put the January year-over-year gain at 8.2 percent , the largest since last April...(read more)

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