Home Price Index Audio Clip: August 2018

By Molly Boesel Housing Affordability, Real Estate

The CoreLogic HPI for August 2018 showed that national home prices appreciated 5.5 percent from a year ago, and the CoreLogic home price forecast shows an increase of 4.7 percent over the next year. Limited supply of homes for sale, especially at lower price points, contributed to price increases. Lower-priced homes appreciated by 8.2 percent over the past year in August, compared with 4.4 percent for higher-priced homes. And looking at the five-year appreciation rate, the lowest-priced homes increased 47 percent, nearly double that of the homes identified in the highest-priced segment.

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