Corelogic released their Home Price Index and HPI Forecast for march 2017 showing that home prices are up 7%, year over year (which includes distressed sales) as well as increasing 1.6% month over month. In addition, CoreLogic’s HPI Forecast predicts that home prices will increase by 4.9% on a year-over-year basis from March 2017 to March 2018.
“Prices in more than half the country have already surpassed their previous peaks, and almost 20% of of metropolitan areas are now at their price peaks.” Said Dr. Frank Nothaft, Chief Economist for CoreLogic.
Click here to read the full report on Corelogic.com.
