CoreLogic: Explosive Home Prices to Reduce Speed
The growth in home prices is set to slow this year, according to CoreLogic’s latest Home Price Index (HPI®) Report.
Analysts at CoreLogic expect home prices to rise 4.8 percent by January 2019; in January 2018, prices rose 6.6 percent year-over-year. The HPI in January 2018 was 1.1 percent higher than it was in April 2006, its peak prior to the recession.
Homes with lower prices have appreciated the most, the report reveals: 9 percent year-over-year, compared to a 5.3 percent gain for
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