Posted To: MND NewsWire
Home price increases moderated slightly in April, at least as measured by the CoreLogic Home Price Index (HPI). The company announced an increase of 6.9 percent compared prices in April 2016, falling off a bit from the year-over-year appreciation rate of 7.1 percent in March. Over the first four months of the year CoreLogic's HPI has averaged annual increases of 6.98 percent. Prices continued to soar in Washington State, up 12 percent on an annual basis. Utah replaced Oregon in second position with a gain of 10.1 percent and Oregon prices rose 9.1 percent. Only two states experienced price declines , Wyoming and Delaware at 3.9 percent and 0.2 percent respectively. Home prices nationwide, including distressed sales, were up 1.6 percent from the March level, tying an identical increase from...(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/2szIVk0
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