CoreLogic Reports August Home Prices Increased by 3.6% Year Over
- The CoreLogic HPI Forecast indicates annual price growth will increase 5.8% by August 2020
- About three-fourths of millennial renters indicate they are likely to purchase a home in the future
- Connecticut was the only state to post an annual decline in home prices this August
IRVINE, Calif. — (BUSINESS WIRE) — October 1, 2019 — CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for August 2019, which shows home prices rose both year over year and month over month. Home prices increased nationally by 3.6% from August 2018. On a month-over-month basis, prices increased by 0.4% in August 2019. ( July 2019 data was revised. Revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results each month.)
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HPI Percentage Change Year over Year (Graphic: Business Wire)
Home prices continue to increase on an annual basis with the CoreLogic HPI Forecast indicating annual price growth will increase 5.8% by August 2020. On...