 |
|
 |
|
|
| |
|
|
| Sponsored by Quicken Loans |
|
|
|
| CoreLogic: May Prices Up 7.1 Percent |
| By RISMedia Staff |
Analysts are anticipating home prices to tick up, but decelerated to a lesser pace, according to CoreLogic's latest Home Price Index (HPI®) report. CoreLogic data found that May prices rose 1.1 percent month-over-month and 7.1 percent year-over-year. According to a forecast in the report, prices will have risen 0.3 percent in June, and increase 5.1 percent through May 2019. Additionally, 40 percent of the 100 largest markets are overvalued, a condition CoreLogic defines as when "home prices are at least 10 percent higher than the long-term, sustainable" trend; 34 percent are at value, and 26 percent are undervalued ("at least 10 percent below the long-term, sustainable" trend). According to Dr. Frank Nothaft, chief economist for CoreLogic, the ...
Read More > |
|
|
|
|
|
| |
RISMedia, publisher of Real Estate magazine, is dedicated to providing real estate professionals with the most up-to-date news, information and business development resources in the industry. To submit questions, comments, suggestion, press releases or story ideas, please e-mail realestatemagazinefeedback@rismedia.com
"Branding, Positioning. . . Building Relationships since 1980"
RISMedia, Inc.
69 East Ave. Norwalk, CT 06851
Copyright ® 2025 RISMedia, Inc. All Rights Reserved. |
|
| |
|
|
|
|
This email was sent by RISMedia, Inc.. You can unsubscribe at any time.
Edit your subscription |
Unsubscribe
|
|
|
(TNS)—First-time homebuyers might well wonder: Where are all the starter houses? They're right to ask, because starter homes are becoming increasingly scarce in many housing markets.
