Home prices up the most since 2006
Home prices nationwide, including distressed sales, rose 7.4% year-over-year in November, according to the latest home price index from CoreLogic ($26.90 0%). This change represents the ninth consecutive month of year-over-year price gains and the largest increase since May 2006. Distressed sales excluded, home prices jumped 6.7% from last year in November 2012. According to CoreLogic’s HPI report, all but six states experienced annual price gains in November: Connecticut, Delaware, Illinois, New Jersey, Pennsylvania and Rhode Island. Conversely, the five states with the highest home price appreciation are Arizona, Nevada, Idaho, […]