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Home Price Index Audio Clip: May 2016

National Home Prices Increased 5.9 Percent Year Over Year in May 2016

Molly Boesel    |    Audio


The May 2016 Home Price Index shows that national home prices increased 5.9 percent from a year ago, leaving prices 7.2 percent below their 2006 peak. The western states dominated price gains in May with Oregon and Washington showing double digit increases and Colorado, Nevada, and Utah, rounding out the top five states with increases. Prices are expected to increase by 5.4 percent over the next year, and the CoreLogic forecast predicts a return to peak in mid-2017. To learn more, click the link to get the full report.


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