Home Price Appreciation Better Than Expected -CoreLogic

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Posted To: MND NewsWire

CoreLogic said on Tuesday that its Home Price Index (HPI) including distressed sales rose on a year-over-basis for the 42 nd consecutive month in August. The HPI was up 6.9 percent compared to August 2014, the second month in a row that the annual increase was at that level. The index was up 1.2 percent compared to July. Normal 0 false false false EN-US X-NONE X-NONE As we noted last month, the differential between CoreLogic's two HPIs, one including and one excluding distressed property sales had narrowed to the point of being negligible . The company has apparently discontinued the public reporting of the latter index. Two states posted double digit annual price increases. In Colorado the HPI rose 10.4 percent and in Washington it was up 10.3 percent. The third largest increase, 9.3 percent...(read more)

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Source: http://www.mortgagenewsdaily.com/10062015_corelogic_hpi.asp

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