Home Prices Rose 6.3% in 2015, CoreLogic
Irvine, CA, February 2, 2016—In 2015, home prices rose by 6.3% nationally year-over-year for the single family combined tier, including distressed sales, according to the CoreLogic home price index (HPI).
The HPI for December posted a gain of 0.8% for the national single-family combined tier, including distressed sales, over the prior month.
The U.S. has experienced 46 consecutive months of year-over-year increases, including distressed sales; however, the national increase is no longer posting double-digits.
Including distressed sales, national single-family home prices remain 7.6% below peak values recorded in April 2006.
National single-family home prices, including distressed sales, are forecasted to reach a new peak level in May 2017.