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LATEST CORELOGIC ECON TWEETS

Is it Bidding Time Again?

A Third of Homes Sold For the List Price or More in October 2015

Shu Chen    |    Mortgage Performance

The housing market continues to recover from the foreclosure crisis. Home price indexes and home sales are returning to pre-crisis levels, and in some areas prices and sales have reached new highs. With demand strong and inventory thin, the share of homes selling for the list price or more has also returned to pre-bust levels.

With inventory tight, homes are more likely to sell...

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...

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