Home prices, including sales of distressed properties,
continued to appreciate on both an annual and a monthly basis in January. CoreLogic said that its Home Price Index
including sales of foreclosed property and short sales, increased 5.7 percent
in January compared to one year earlier.
On a monthly basis the increase was 1.1 percent.
Including distressed sales, only Maryland and Connecticut
showed negative home price appreciation at -0.3 percent and -1.9 percent
respectively. The five states with the
highest home price appreciation were Colorado (9.1 percent), Michigan (9.0
percent), Texas and Wyoming (8.3 percent each), and Nevada (7.6 percent.)