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Nine States now at Record Home Price Levels

Half of the nation’s states and the
District of Columbia are now at or within 10 percent of the peak reached before
the housing crisis brought home prices crashing down.  In addition, CoreLogic says that nine states
have now established price levels higher than their various 2005-2007 peaks.

According to CoreLogic’s October Home
Price Index (HPI) report, home prices nationwide, including distressed sales,
were 6.1 percent higher in October 2014 than in October 2013.  October was the 32nd consecutive
month that the HPI including distressed sales increased nationally.  The index was up month-over-month by 0.5
percent in October.  The national HPI
including distressed sales is now 12.4 percent below the peak it established in
April 2006.

 

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