Posted To: MND NewsWire
The second of the major home price estimates for April was released by CoreLogic on Tuesday and tracks, on an annual basis, closely with the first, released by the National Association of Realtors (NAR) last month. The CoreLogic Home Price Index (HPI) shows that the price of a home sold in April was up 1.8 percent from March and rose 6.2 percent compared with the index in April 2015. NAR’s report on April existing home sales put the April year-over-year gain at 6.3 percent. The two Pacific Northwest states were the only ones to post double digit increases. Washington’s HPI rose 10.6 percent year-over-year while Oregon’s was up 10.3 percent. Colorado had the third largest gain at 9.5 percent. At the other end of the spectrum, Connecticut posted an 0.5 percent decrease in its HPI while only minimal…(read more )