National Home Prices Increased 7.1 Percent Year Over Year in March 2017
The CoreLogic HPI for March 2017 showed that national home prices appreciated 7.1 percent from a year ago and edged closer to the 2006 peak. Prices are 2.8 percent below the peak, and expected to reach that level by the middle of this year. The Western states had the highest price appreciation in March with Washington in first place followed by Utah, Oregon, Colorado, and Idaho. And, while Nevada had the biggest rebound, rising by almost 76 percent since hitting bottom in 2012, it is still almost 30 percent below the peak hit in 2006.
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