CoreLogic Reports January Home Prices Increased by 4.4 Percent
- Twelve-month home-price growth rate was slowest since August 2012
- HPI Forecast indicates annual average home price to increase 3.4 percent from 2018 to 2019
- Since peaking at 6.6 percent last April, annual home price gains have declined or held steady each month
IRVINE, Calif. — (BUSINESS WIRE) — March 5, 2019 — 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 January 2019, which shows home prices rose both year over year and month over month. Home prices increased nationally by 4.4 percent year over year from January 2018. On a month-over-month basis, prices increased by 0.1 percent in January 2019. ( December 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 Change; January 2019. (Graphic: Business Wire)
Looking ahead, the CoreLogic HPI Forecast indicates that the 2019 annual average home price will increase 3.4 percent above the 2018 annual average. On a month-over-month...