CoreLogic Reports March Home Prices Increased by 3.7% Year Over
- Prices increased by 1% between February and March 2019
- The HPI Forecast indicates prices will increase by 4.8% by March 2020
- Home-price growth is still trending upward, but at a slower pace than a year ago
IRVINE, Calif. — (BUSINESS WIRE) — May 7, 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 March 2019, which shows home prices rose both year over year and month over month. Home prices increased nationally by 3.7% year over year from March 2018. On a month-over-month basis, prices increased by 1% in March 2019. ( February 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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CoreLogic National Home Price Change; March 2019. (Graphic: Business Wire)
Looking ahead, after some initial moderation in early 2019, the CoreLogic HPI Forecast indicates home prices will begin to pick up and increase by 4.8% on a year-over-year basis from March 2019...