Home Prices Continue to Rise….But…

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CoreLogic reported this week that its Home Price Index, which includes distressed sales, showed that from September of 2012 to September of 2013, home prices rose by 12%. This is higher than the 11.7% increase from August 2012 to August 2013. September marks the 19th consecutive month of year-over-year gains.

CoreLogic did say that they are seeing a slowdown in the rate of price appreciation over the past few months and that the “deceleration is natural and should help keep market fundamentals in balance over the longer-term.”

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