Nationally, including distressed property sales, June home price appreciation rose by 11.9% from a year ago and 1.9% from May 2013. Excluding distressed sales, national home price appreciation in June 2013 was 11.0% greater than June 2012 and 1.8% greater than May 2013. Analysts with CoreLogic project July home price appreciation to increase 12.5% nationally.
Ranking third in the top five states with the greatest year-over-year home price appreciation in June was Wyoming at +16.7%. Nevada (+26.5%), California (+21.4%), Arizona (+16.2%), and Georgia (+14.3%) joined Wyoming in the top five. Home price appreciation in all of the Western states, including and excluding distressed sales, was up more than 10%. The following are the year-over-year and month-over-month home price appreciation changes for Idaho, Montana, Washington and Wyoming.
CoreLogic’s June 2013 Home Price Index report can be read at http://bit.ly/1cR6Mi5.