CoreLogic’s HPI Says Home Prices Up 20.2% in May - Real Estate Investing Today
CoreLogic’s HPI Says Home Prices Up 20.2% in May - Real Estate Investing Today
Abstract
CoreLogic’s HPI Forecast predicts home prices will increase on a year-over-year basis by 5% from May 2022 to May 2023. “Slowing home price growth reflects the dampening consequence of higher mortgage rates on housing demand, which was the intention. With monthly mortgage expenses up about 50% from only a few months ago, fewer buyers are now competing for continually limited inventory. We expect to see a rapid deceleration.”
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According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 20.2% year-over-year in May. On a month-over-month basis, home prices increased by 1.8% in May compared with April. CoreLogic’s HPI Forecast predicts home prices will increase on a year-over-year basis by 5% from May 2022 to May 2023. “Slowing home price growth reflects the dampening consequence of higher mortgage rates on housing demand, which was the inten...
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According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 20% year-over-year in February. On a month-over-month basis, home prices increased by 2.2% in February compared with January. CoreLogic’s HPI Forecast predicts home prices will increase on a year-over-year basis by 5% from February 2022 to February 2023. [...]
The post CoreLogic’s HPI Says Home Prices Up 2.2% in February appeared first on Real Estate Inves...
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 20% year-over-year in February. On a month-over-month basis, home prices increased by 2.2% in February compared with January. CoreLogic’s HPI Forecast predicts home prices will increase on a year-over-year basis by 5% from February 2022 to February 2023. [...]
The post CoreLogic’s HPI Says Home Prices Up 2.2% in February appeared first on Real Estate Inves...
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 20.9% year-over-year in March. On a month-over-month basis, home prices increased by 3.3% in March compared with Fabruary. CoreLogic’s HPI Forecast predicts home prices will increase on a year-over-year basis by 5.9% from March 2022 to April 2023. [...]
The post CoreLogic’s HPI Says Home Prices Up 3.3% in March appeared first on Real Estate Investing Today.
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 20.9% year-over-year in March. On a month-over-month basis, home prices increased by 3.3% in March compared with Fabruary. CoreLogic’s HPI Forecast predicts home prices will increase on a year-over-year basis by 5.9% from March 2022 to April 2023. [...]
The post CoreLogic’s HPI Says Home Prices Up 3.3% in March appeared first on Real Estate Investing Today.
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According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 18.7% from Q1 2021 to the first
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The post NWMLS: Li...
The NWMLS published their May stats today, so let's take a look at how the month shook out for the housing market. The King County median price of single-family homes was down year-over-year in May, the third month in a row of declines. Inventory was up from a year ago again, but the as we mentioned in the preview post earlier this week, the rate of increase is rapidly declining from the all-time high set in December. Pending and closed sales are increasing, but only modestly.
The post NWMLS: Li...