Home Prices Rose 1% in February, Up 7% YOY

Irvine, CA, April 5, 2017—Home prices nationwide, including distressed sales, increased year over year by 7% in February 2017 compared with February 2016 and increased month over month by 1% in February 2017 compared with January 2017, according to the CoreLogic Home Price Index (HPI).

The CoreLogic HPI Forecast indicates that home prices will increase by 4.7% on a year-over-year basis from February 2017 to February 2018, and on a month-over-month basis home prices are expected to increase by 0.4% from February 2017 to March 2017.