Home Prices Surge by Double-Digit Rates
Buying a HomeHome values are in the rise, increasing by the largest year-over-year amount since March 2006, according to the latest data from CoreLogic’s housing report. Home prices, including distressed sales, rose 10.5 percent in March year-over-year. It marked the 13th consecutive month for home-price increases, CoreLogic reported. When excluding distressed sales, home prices rose 10.7 percent in March year-over-year in CoreLogic’s index. By comparison, the National Association of REALTORS®’ median price for all housing types in its March existing-home sales index was 11.8 percent higher than it was March 2012. “Home […]