The Housing Chronicles Blog: CoreLogic says home prices rose at fastest rate since 2006

Tuesday, September 4, 2012

CoreLogic says home prices rose at fastest rate since 2006

More good news for the slowly reviving housing market!  According to a story in the L.A. Times:

Nationwide home prices shot up 3.8% in July, making their largest year-over-year leap since 2006, according to real estate data provider CoreLogic.
The gain marks the fifth straight rise in the gauge, part of a positive swing following a year and a half of slumps. The last time prices rose so much was in August 2006, when they jumped 4.1%.
Prices in California bounded up 4.4%. Without distressed sales – including foreclosures and short sales – national prices were up 4.3% compared with last July.
Click here to read the entire story.
Click here for the CoreLogic report.

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