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Supply/Demand Pushing Home Prices Higher

Nationwide
home prices are now within 10 percent of their pre-crash peaks and seven states
have surpassed those peaks, some have been establishing new high marks for
several months.  CoreLogic said today that
its Home Price Index (HPI) that tracks that home prices nationwide, including distressed sales, rose in
March for the 37th consecutive month on a year-over-year basis.

The HPI was up 5.9 percent
in March 2015 compared with March 2014 a
+2 percent change from the year over-year HPI increase in February.  The March HPI was also up 2 percent compared
to the previous month.

 

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