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Home Price Gains Slow, Further Deceleration Ahead

Tuesday, November 3, 2015

After two months of 6.9 percent annual home price increases the September gain reported by CoreLogic slipped slightly.  The company said its Home Price Index (HPI) registered a 6.3 percent rise in prices compared to September 2014.  

The September HPI shows a substantial deceleration in appreciation on a month-over-month basis.  The September number was exactly half that posted in August, dropping from 1.2 percent to 0.6 percent.

CoreLogic sees a further slowdown in what has been a steady increase in home values since early 2012.

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