CoreLogic Reports June Home Prices Increased by 3.4% Year Over
- The HPI Forecast indicates annual price growth will increase 5.2% by June 2020
- For two months, market conditions have stabilized with 38% of the top 100 markets considered overvalued
- Idaho, Utah and Nevada experienced the greatest year-over-year increases among states
IRVINE, Calif. — (BUSINESS WIRE) — August 6, 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 June 2019, which shows home prices rose both year over year and month over month. Home prices increased nationally by 3.4% from June 2018. On a month-over-month basis, prices increased by 0.4% in June 2019. ( May 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: June 2019 (Graphic: Business Wire)
Single-family home prices stand at an all-time high and continue to increase on an annual basis, with the CoreLogic HPI Forecast indicating annual price growth will increase by 5.2%...