Home Prices Rose 6.9% YOY in January

Irvine, CA, March 8, 2017—Home prices nationwide, including distressed sales, increased year over year by 6.9% in January 2017 compared with January 2016 and increased month over month by 0.7% in January 2017 compared with December 2016, according to the CoreLogic Home Price Index (HPI).

The CoreLogic HPI Forecast indicates that home prices will increase by 4.8% on a year-over-year basis from January 2017 to January 2018, and on a month-over-month basis home prices are expected to increase by 0.1% from January 2017 to February 2017.