CoreLogic: Fresno home prices still on rise

Source: The Business Journal

Written by Business Journal Staff

CoreLogic, a residential property information, analytics and services provider, released its November CoreLogic Home Price Index (HPI®) report showing that in Fresno, home prices, including distressed sales, increased by 15.2 percent in November compared to November 2012.

On a month-over-month basis, home prices, including distressed sales, increased by 0.5 percent in November.

Excluding distressed sales, year-over-year prices increased by 15.9 percent in November compared to November 2012. On a month-over-month basis, excluding distressed sales, the CoreLogic HPI shows home prices increased by 1.5 percent in November.

Madera
In Madera, home prices, including distressed sales, increased by 21.1 percent in November compared to November 2012. On a month-over-month basis, home prices, including distressed sales, decreased by 1.7 percent in November.

Excluding distressed sales, year-over-year prices increased by 27.2 percent in November compared to November 2012. On a month-over-month basis, excluding distressed sales, November home prices increased by 1.6 percent.

Hanford-Corcoran
In Hanford-Corcoran, home prices, including distressed sales, increased by 12.6 percent in November compared to November 2012. On a month-over-month basis, home prices, including distressed sales, increased by 2.3 percent in November.

Excluding distressed sales, year-over-year prices increased by 20.3 percent in November compared to November 2012. On a month-over-month basis, excluding distressed sales, home prices increased by 2.5 percent in November.

Visalia-Porterville
In Visalia-Porterville, home prices, including distressed sales, increased by 15.9 percent in November compared to November 2012. On a month-over-month basis, home prices, including distressed sales, increased by 1.4 percent in November.

Excluding distressed sales, year-over-year prices increased by 20.3 percent in November compared to November 2012. On a month-over-month basis, excluding distressed sales, home prices increased by 1.1 percent in November.

Nationally
Year over year, home prices nationwide, including distressed sales, increased 11.8 percent in November compared to November 2012. The change represents the 21st consecutive monthly year-over-year increase in home prices nationally.

URL to original article: http://www.thebusinessjournal.com/news/real-estate/10240-corelogic-fresno-home-prices-still-on-rise

For further information on Fresno Real Estate check: http://www.londonproperties.com