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Home Price Index Audio Clip: October 2017

Molly Boesel    |    Audio

 

The CoreLogic HPI for October 2017 showed that national home prices appreciated 7 percent from a year ago, and the CoreLogic home price forecast shows an increase of 4.2 percent over the next year. Washington state, Utah and Nevada all posted double-digit gains. A deeper dive into the Utah numbers shows that the state saw home prices appreciate 47 percent over the last five years, faster than the National rate of 38 percent over the same time period. A look down to the Utah metros reveals that Ogden and Provo led the state with appreciation of 11 percent year over year in October, followed by Salt Lake City at 10 percent and St. George at 6 percent.

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