CoreLogic’s latest US Home Price Index Report says that home prices nationwide, including distressed sales, increased 6.4% in September compared with September ’14 and increased by 0.6% in September compared with August ’15.
“After nearly 10 years of very high home price volatility, home price increases have been remarkably stable for the last 15 months, ranging between a 4.8 percent and 6.5 percent year-over-year increase,” said Sam Khater, deputy chief economist for CoreLogic. “Home price volatility is now back to the long-term trend prior to the boom and bust which is a good barometer of the market’s stability and health.”
Click here to read the full report from CoreLogic.
