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Audio: Home Price Index Audio Clip August 2017

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The CoreLogic HPI for August 2017 showed that national home prices appreciated 6.9 percent from a year ago, and the CoreLogic home price Forecast reveals an increase of 4.7 percent over the next year. As of August 2017, the HPI is back to the same level as the April 2006 peak, marking the end of an era, at least at the National level. While more than half of the states have either returned to, or passed their pre-crisis HPI levels, ten states are more than 10 percent below their pre-crisis HPI levels. Nevada and Florida are the furthest from peak: Nevada is 26 percent below the peak, and Florida is 18 percent below the peak.

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