CoreLogic: Home Prices to Moderate in Year Ahead

Home prices grew at an annual rate of 7.2 percent in December 2016, rising month-over-month from November by 0.8 percent, according to CoreLogic’s recently released Home Price Index (HPI) Forecast. The Forecast projects a moderating price growth rate in the year ahead, at 4.7 percent from December 2016 to December 2017.
“As of the end of 2016, the CoreLogic national index was 3.9 percent below the peak reached in April 2006,” says Dr. Frank Nothaft, chief economist for CoreLogi