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Home Price Gains Accelerated in October
Tuesday, December 1, 2015
Home price appreciation, which had decelerated somewhat in
September, regained momentum in October.
CoreLogic's Home Price Index (HPI) dropped back to a 6.3 percent annual
increase in September after rising by 6.9 percent each of the previous two
months. In October it posted a 6.8
percent 12 month gain.
Colorado posted the largest increase and the only one in
double digits; prices there rose 10.5 percent from October 2014 to October
2015. The Pacific Northwest also fared
well with appreciation in Washington of 9.6 percent and 9.4 percent in Oregon. Two states lost ground; prices in Mississippi
fell 1.7 percent and were down in Louisiana by 0.2 percent.
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