Posted To: MND NewsWire
Prices increases escalated again on a year-over-year basis in August according to information released on Tuesday by CoreLogic. The company's Home Price Index (HPI) was up by 6.2 percent compared to August 2015. The July annual increase was 6.0 percent and June-to-June appreciation was 5.7 percent. Price gains from July to August nationwide were estimated at 1.1 percent for the third consecutive month. Oregon, Washington, and Colorado continue to outpace the rest of the country with annual price increases of 10.3, 10.2, and 9.1 percent respectively. Other states with outsized gains were Utah at 7.7 percent and Florida and West Virginia each with 7.6 percent appreciation. The only state in which prices are declining is Connecticut which posted a 1.1 percent annual loss. "Housing values continue...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/2dsBPY7
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