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Home Price Appreciation Better Than Expected -CoreLogic

Tuesday, October 6, 2015

CoreLogic said on Tuesday that its Home Price Index (HPI) including distressed sales rose on a year-over-basis for the 42nd consecutive month in August.  The HPI was up 6.9 percent compared to August 2014, the second month in a row that the annual increase was at that level.  The index was up 1.2 percent compared to July.

As we noted last month, the differential between CoreLogic's two HPIs, one including and one excluding distressed property sales had narrowed to the point of being negligible.  The company has apparently discontinued the public reporting of the latter index.

 

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