According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 18% year-over-year in September. CoreLogic predicts that home prices will increase on a month-over-month basis by 0.1% through October, 2021, and on a year-over-year basis by 1.9% through September, 2022.
“Remote work has allowed many employees to buy homes further away from their office. These homes are often in the suburbs or exurbs, where property prices and population density are lower and single-family detached housing more common.” – Dr. Frank Nothaft Chief Economist for CoreLogic
Click here to read the full report at CoreLogic.
