Posted To: MND NewsWire
Home prices chalked up another healthy gain in June . CoreLogic reports that its Home Price Index (HPI) marked a 6.7 percent increase compared to the June 2016. This was up from the 6.6 percent May-to-May change, but was still the second smallest annual growth so far in 2017. On a month to month basis the HPI appreciated 1.1 percent, a slight dip from the 1.2 percent gain in May. A small slowing of month-over-month appreciation has been typical of most of the price indices over the last few months. CoreLogic notes that national home prices have risen by almost 50 percent since its HPI's low point in March 2011. Annual increases over the first six months of 2017 have averaged 6.85 percent and the monthly gains 1.2 percent. On the downside of the price increases, CoreLogic now considers four...(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/2ugkMyI
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