Home Prices Nationwide Up 6.8% in April YOY

Irvine, CA, June 9, 2015—CoreLogic’s April 2015 Home Price Index shows that home prices nationwide, including distressed sales, increased by 6.8% in April 2015 compared with April 2014. This change represents 38 months of consecutive year-over-year increases in home prices nationally.

On a month-over-month basis, home prices nationwide, including distressed sales, increased by 2.7% in April 2015 compared with March 2015.

Including distressed sales, 30 states plus the District of Columbia were at or within 10% of their peak prices in April.

Eight states and the District of Columbia reached new price peaks not experienced since January 1976, when the CoreLogic HPI started. These states include Alaska, Colorado, Nebraska, New York, Oklahoma, Tennessee, Texas and Wyoming.

Excluding distressed sales, home prices increased by 6.8% in April 2015 compared with April 2014 and increased by 2.3% month over month compared with March 2015.

Excluding distressed sales, only South Dakota (-0.3%) and Louisiana (-0.2%) showed year-over-year depreciation in April.