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LATEST CORELOGIC ECON TWEETS

Colorado Tops State Appreciation Rates for All 12 Months of 2015

2015 Home Prices Increased 5 Percent for the Year

Molly Boesel    |    Property Valuation

  • Home prices including distressed sales increased 6.3 percent year over year in December 2015 and remain 7.6 percent below the April 2006 peak. Prices rose 5 percent for full year 2015.
  • Colorado had the largest year-over-year HPI growth in December 2015.
  • The high-price tier had the slowest appreciation rate of all price tiers in...

Property Tax Delinquency Varies Across States

Tax Delinquency Rates Declined Since the Economic Downturn in 2008

Dingxi Qiu    |    Housing Trends

An earlier Insights blog provided an overview of property taxes with a summary of property tax delinquency trends at the national level.  In this post, we examine state-level trends in property tax delinquency and how best to compare apples to...

Multi-Year Trend of Reduced Natural Hazard Activity Continues in 2015

Low-level hazard activity results in decreased damage and loss totals

Tom Jeffery    |    Natural Hazard Risk

Looking at the big picture, 2015 was a quiet year in terms of natural hazard activity. Overall, the trend of fewer natural hazard events and decreased damage totals that occurred in 2014 continued in 2015. However, if you ask the people of South Carolina, who were hit with record-setting 1,000-year rainfall that caused $1.5 billion worth of damage, they might say it was anything but...

Sydney and Melbourne are the only capital cities with any significant increase in inflation

Cameron Kusher    |    International

Last week the Australian Bureau of Statistics (ABS) released its quarterly Consumer Price Index (CPI) data for the December 2015 quarter.  The data showed that inflationary pressures remain very low with headline inflation rising 1.7% over the year and core inflation (underlying inflation) increasing by 2.0% over the past year, which is right at the lower end of the Reserve Bank’s...

How High Will Interest Rates Go in 2016?

Federal Open Market Committee Has the Answer

Frank Nothaft    |    Mortgage Performance

Now that the Federal Open Market Committee (FOMC) has dipped its toe in the rate increase water, are they more likely to wade in slowly or jump in? Each quarter, the FOMC provides its economic projection and details on each of the 17 members’ view on the level of the federal funds rate[1], with the last projection having been...

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