According to CoreLogic’s February 2014 Home Price Index Report, February marks the 24th consecutive month of year-over-year national home price appreciation increases. Compared to February 2013, national home price appreciation rose by 12.2% including distressed sales. On a month-over-month basis, February national home price appreciation increased by 0.8%. CoreLogic president and CEO, Anand Nallathambi, stated, “The consistent upward movement in home prices should ultimately prove to be an important stimulant for higher levels of sustained market activity and growth in the housing economy.”
Including distressed sales, year-over-year increases in home price appreciation were observed in Idaho (+9.9%), Montana (+8.1%), Washington (+11.8%) and Wyoming (+10.2%). To view the full report, visit http://bit.ly/1k1TNMa.