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Home Price Index Report July 2015

By
Industry Observer CDRE #01044712

On September 01, 2015, CoreLogic reported nationwide home prices including distressed sales gained 1.7% in July of 2015 from June of 2015, and higher 6.9% from July of 2014; while predicted to increase 4.7% to July of 2016. Excluding distressed sales home prices were up 1.5% in July of 2015 from June of 2015, and jumped 6.7% from July of 2014; while predicted to gain 4.6% to July of 2016.

The following states including distressed sales had the highest home value increase; Colorado 10.4%, Washington 9.9%, Nevada 9.1%, Hawaii 8.9%, and Oregon 8.8% in July of 2015. While, the following states excluding distressed sales had the highest home value increase: Colorado 10.1%, Washington 9.5%, Nevada 9.1%, Oregon 9.1%, and New York 9.0% in July of 2015.

CoreLogic's chief economist Frank Nothaft, stated “Over the same period, the National Association of Realtors reported existing sales up 10 percent and the Census Bureau reported new home sales up 26 percent in July.”

For more complete detailed information about CoreLogic Home Price Index report including and excluding distressed report for July of 2015, please CLICK HERE

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John Pusa

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