Oct 25, 2010

CoreLogic: Home Price Index for August 2010

According to the CoreLogic Home Price Index released reflecting August 2010 data, home prices declined 1.5% year over year nationally and values appear to be be trending lower:
"Price declines are geographically expanding as 78 out of the largest 100 metropolitan areas are experiencing declines, up from 58 just one month ago” said Mark Fleming, chief economist for CoreLogic."

12 Month House Price Index Change: Single-family combined series
(Click on chart for larger image in same window)



12 Month House Price Index Change: Single-family combined excluding distressed series.
(Click on chart for larger image in same window.)



From a national perspective, CoreLogic's report continues to paint a grim housing picture and the trending lower numbers point to more housing woes ahead.

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