SANTA ANA, Calif. - June 2, 2011 - CoreLogic released its April Home Price Index (HPI), which shows that home prices in the U.S. increased on a month-to-month basis by 0.7 percent between March and April, 2011 - the first such increase since the homebuyer tax credit expired in mid-2010.However, national home prices - including distressed sales - declined by 7.5 percent in April 2011 compared to April 2010 after declining by 6.8 percent in March 2011 compared to March 2010. Excluding distressed sales, year-over-year prices declined by 0.5 percent in April 2011 compared to April 2010 and by 1.6 percent … (0 comments)
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