Home Prices Up Nationwide for the Third Straight Month

CoreLogic is reporting that it’s Home Price Index for May showed prices up two percent from a year ago — but get this: That includes distressed-home sales.

Take out the distressed sales and prices were up 2.7 percent. (They were also up month to month — and that’s the third month in a row with gains.)

The company expects prices to rise another two percent in June.

 

http://www.corelogic.com/about-us/researchtrends/home-price-index.aspx

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Realtor with Greg Garrett Realty, actively licensed in the state of Virginia

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