Home Prices Up in May and June

From DS News

 

Prices Up Again in May, Trend Will Continue into June: CoreLogic

For the third month in a row, home prices posted both yearly and monthly gains, according to CoreLogic's May Home Price Index (HPI) report. When including distressed sales, home prices increased 2 percent in May from a year ago and rose 1.8 percent month-over-month. When excluding distressed sales, prices made even greater strides, with the year-over-year increase at 2.7 percent and month-over-month increase at 2.3 percent. Distressed sales include short sales and REO transactions. When excluding distressed sales, prices made even greater strides and are expected to continue increasing into June. » Read More

 

 

- sunil

 

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