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Home Price Index Audio Clip: November 2016

National Home Prices Increased 7.1 Percent Year Over Year in November 2016

Molly Boesel    |    Audio

 

The November 2016 Home Price Index shows that national home prices appreciated 7.1 percent from a year ago and were 4.1 percent below the 2006 peak. CoreLogic is forecasting an increase of 4.7 percent in home prices during the next year. Twenty-seven states have completely recovered from the housing crisis, meaning that November prices in those states were above their pre-crisis peak levels. Colorado experienced a 33 percent increase over the prior peak and that state continues an impressive four-year string of strong home price increases.


 

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