US House Prices At 7-Year Highs

April 07, 2015
By Knowledge Leaders Team in News

Corelogic’s home price index came out this morning and showed that home prices across the board, including and excluding distressed sales, are at a 7-year high in the US. Single-family combined homes including distressed sales rose by 1.12% MoM in March. Excluding distressed sales, it rose by 1.45% MoM.

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Single-family attached homes rose by 1.09% MoM in March, while single-family detached homes rose by 1.14%. House prices are generally about 5.5% higher year-over-year, with a little variation depending on which series you look at.

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