National Home Prices Make Sixth Year-Over-Year and Month-Over-Month Increases

In August 2012, national home prices increased 0.3% over July 2012 and were 4.6% higher than a year ago. Based on CoreLogic’s Home Price Index, these figures represent a sixth consecutive increase in home prices on a year-over-year and month-over-month basis. Still faring well in home price appreciation is Idaho. Including distressed sales, Idaho experienced a 10.4% increase in home prices in August while only having a 8.6% increase in prices excluding distressed sales.

Other states making the list of top 5 home price appreciation, including distressed sales, were Arizona (+18.2%), Nevada (+9.0%), Utah (+8.9%) and Hawaii (+8.0%). Excluding distressed sales, the other top five states with the highest appreciation levels were Arizona (+13.0%), Utah (+10.0%), Montana (+8.8%) and North Dakota (+7.7%).

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