CoreLogic recently released its April CoreLogic Home Price Index (HPI) report, which shows home prices nationwide, including distressed sales, increased 10.5 percent in April 2014 compared to April 2013. This change represents 26 months of consecutive year-over-year increases in home prices nationally. On a month-over-month basis, home prices nationwide, including distressed sales, increased 2.1 percent in April 2014 compared to March 2014.
Excluding distressed sales, home prices increased 8.3 percent nationally in April 2014 compared to April 2013 and 1.1 percent month over month compared to March 2014. Distressed sales include short sales and real estate owned (REO) transactions.
The CoreLogic HPI Forecast indicates that home prices, including distressed sales, are projected to increase 1 percent month over month from April 2014 to May 2014 and 6.3 percent from April 2014 to April 2015. Excluding distressed sales, home prices are expected to rise 0.8 percent month over month from 1 percent month over month from April 2014 to May 2014 and 5.5 percent from April 2014 to April 2015.
Including distressed sales, the five states with the highest home price appreciation were: California, 15.6 percent; Nevada, 14.8 percent; Hawaii, 14.1 percent; Oregon, 11.8 percent; and Michigan, 11.3 percent.
Excluding distressed sales, the five states with the highest home price appreciation were: Hawaii, 13 percent; California, 11.4 percent; Nevada, 11.1 percent; New York, 10.3 percent; and Florid, 10.2 percent.
Excluding distressed sales, home prices increased 8.3 percent nationally in April 2014 compared to April 2013 and 1.1 percent month over month compared to March 2014. Distressed sales include short sales and real estate owned (REO) transactions.
The CoreLogic HPI Forecast indicates that home prices, including distressed sales, are projected to increase 1 percent month over month from April 2014 to May 2014 and 6.3 percent from April 2014 to April 2015. Excluding distressed sales, home prices are expected to rise 0.8 percent month over month from 1 percent month over month from April 2014 to May 2014 and 5.5 percent from April 2014 to April 2015.
Including distressed sales, the five states with the highest home price appreciation were: California, 15.6 percent; Nevada, 14.8 percent; Hawaii, 14.1 percent; Oregon, 11.8 percent; and Michigan, 11.3 percent.
Excluding distressed sales, the five states with the highest home price appreciation were: Hawaii, 13 percent; California, 11.4 percent; Nevada, 11.1 percent; New York, 10.3 percent; and Florid, 10.2 percent.
Including distressed sales, the five states with the highest home price appreciation were: California, 15.6 percent; Nevada, 14.8 percent; Hawaii, 14.1 percent; Oregon, 11.8 percent; and Michigan, 11.3 percent.
Excluding distressed sales, the five states with the highest home price appreciation were: Hawaii, 13 percent; California, 11.4 percent; Nevada, 11.1 percent; New York, 10.3 percent; and Florid, 10.2 percent.
Source: C.A.R
Excluding distressed sales, the five states with the highest home price appreciation were: Hawaii, 13 percent; California, 11.4 percent; Nevada, 11.1 percent; New York, 10.3 percent; and Florid, 10.2 percent.
Source: C.A.R
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