Prices Up: 6.2 Percent on US Home Prices Index Report
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CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released today its CoreLogic Home Price Index (HPI™) for August 2016 showing home prices up both year over year and month over month.
Home prices nationwide, including distressed sales, increased year over year by 6.2 percent in August 2016 compared with August 2015 and increased month over month by 1.1 percent in August 2016 compared with July 2016,* according to the CoreLogic HPI.
“Home prices are now just 6 percent below the nominal peak reached in April 2006,” said Dr. Frank Nothaft, chief economist for CoreLogic.