CoreLogic: House Prices up 10.5% Year-over-year in March
Home prices nationwide, including distressed sales, increased 10.5 percent on a year-over-year basis in March 2013 compared to March 2012.
This change represents the biggest year-over-year increase since March 2006 and the 13th consecutive monthly increase in home prices nationally.
On a month-over-month basis, including distressed sales, home prices increased by 1.9 percent in March 2013 compared to February 2013.
The CoreLogic Pending HPI indicates that April 2013 home prices, including distressed sales, are expected to rise by 9.6 percent on a year-over-year basis from April 2012...
“For the first time since March 2006, both the overall index and the index that excludes distressed sales are above 10 percent year over year,” said Dr. Mark Fleming, chief economist for CoreLogic.
“The pace of appreciation has been accelerating throughout 2012 and so far in 2013 leading into the home buying season.” Source - http://goo.gl/sOZa2