CoreLogic Reports October Home Prices Increased by 5.4 Percent
- Home price growth projected to slow to 4.8 percent by October 2019
- October marked the fourth consecutive month of annual HPI growth below 6 percent
- According to CoreLogic and RTi Research, renters still want to buy a home to have something to call their own despite high prices
- North Dakota was the only state to show a year-over-year decline in prices this month, while West Virginia, Nevada and Idaho showed double-digit growth
IRVINE, Calif. — (BUSINESS WIRE) — December 4, 2018 — 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 October 2018, which shows home prices rose both year over year and month over month. Home prices increased nationally by 5.4 percent year over year from October 2017. On a month-over-month basis, prices increased by 0.5 percent in October 2018. ( September 2018 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...