March Home Prices Accelerate, Post Biggest Annual Gain in 7 Years
By Esther Cho | 05/07/2013
Year-over-year home price gains in March landed in double-digit territory, according to CoreLogic's Home Price Index (HPI) report. Home prices-when including distressed sales--rose by 10.5 percent in March compared to the year before, marking the biggest annual gain since March 2006, the data provider reported. CoreLogic's pending HPI projects prices in April will show a 9.6 percent annual gain and rise by 1.3 percent month-over-month.
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