CoreLogic Reports July Home Prices Increased by 3.6% Year Over
- The HPI Forecast indicates annual price growth will increase 5.4% by July 2020
- Older millennials are starting to express a desire to buy in a very tight housing market
- Connecticut and South Dakota were the only states to post declines in their year-over-year home prices
IRVINE, Calif. — (BUSINESS WIRE) — September 3, 2019 — CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for July 2019, which shows home prices rose both year over year and month over month. Home prices increased nationally by 3.6% from June 2018. On a month-over-month basis, prices increased by 0.5% in July 2019. ( June 2019 data was revised. Revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results each month.)
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CoreLogic National Home Price Change; July 2019 (Graphic: Business Wire)
Home prices continue to increase on an annual basis with the CoreLogic HPI Forecast indicating annual price growth will increase by 5.4% by July 2020. On...