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Audio: Home Price Index Audio Clip November 2017

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The CoreLogic HPI for November 2017 showed that national home prices appreciated 7 percent from a year ago, and the CoreLogic home price forecast shows an increase of 4.2 percent over the next year. Washington state, Nevada, Utah and Idaho all posted double-digit gains. Nevada, once the poster child for the housing crisis, has been in the list of top three states for home price appreciation since August 2017.  While Nevada home prices in November 2017 were still 23 percent below the all-time high in the state, the state has posted appreciation of 92 percent since prices hit bottom almost six years ago. Las Vegas led the Nevada metros in annual appreciation at 11 percent, followed by Reno at 10 percent and Carson City at 9 percent.

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