Home Prices Rise Year-Over-Year

Analytics firm CoreLogic reported on Tuesday that annual home prices, including distressed sales, rose 6.8% from April 2014 through April 2015. The change represents the 38th consecutive year-over-year increases in home prices nationally. In addition, prices were up 2.7% monthly from March to April. From the peak back in April 2006, prices are still down 9%.

"Old fashioned supply and demand, fueled by low mortgage rates and improving finances and confidence, continue to push prices up", said Anand Nallathambi, President and CEO.

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