CoreLogic Reports September Home Prices Increased by 3.5% Year
- The CoreLogic HPI Forecast indicates annual price growth will increase by 5.6% by September 2020
- Between 2016 and 2019, millennial homebuyers age 30-38 spent an average of $383,000 when purchasing a home
- No state posted an annual decline in home prices this September
IRVINE, Calif. — (BUSINESS WIRE) — November 5, 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 September 2019, which shows home prices rose both year over year and month over month. Home prices increased nationally by 3.5% from September 2018. On a month-over-month basis, prices increased by 0.4% in September 2019.
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CoreLogic National Home Price Change; Sept. 2019 (Graphic: Business Wire)
Home prices continue to increase on an annual basis with the CoreLogic HPI Forecast indicating annual price growth will increase 5.6% by September 2020. On a month-over-month basis, the forecast calls for home prices to increase by 0.3% from September 2019 to October 2019. The CoreLogic HPI Forecast is a projection of home prices calculated using the CoreLogic...