Year-to-year Fresno home prices up

Source: The Business Journal

 CoreLogic, a global property information, analytics and data-enabled services provider, has released its March CoreLogic Home Price Index report showing a big year-over-year jump in Fresno area home prices. Home prices nationwide, including distressed sales, increased 11.1 percent in March compared to March 2013. The change represents 25 months of consecutive year-over-year increases in home prices nationally. In Fresno, home prices, including distressed sales, increased by 13.1 percent in March compared to March 2013. On a month-over-month basis, home prices, including distressed sales, increased by 1.9 percent in March compared to February. Excluding distressed sales, year-over-year prices increased by 11.8 percent in March compared to March 2013. On a month-over-month basis, excluding distressed sales, the CoreLogic HPI shows home prices increased by 2.1 percent in March compared to February.

Madera
 In Madera, home prices, including distressed sales, increased by 19.8 percent in March 2014 compared to March 2013. On a month-over-month basis, home prices, including distressed sales, increased by 0.7 percent in March compared to February. Excluding distressed sales, year-over-year prices increased by 15.0 percent in March compared to March 2013. On a month-over-month basis, excluding distressed sales, home prices increased by 0.4 percent in March compared to February.

Hanford-Corcoran 
In Hanford-Corcoran, home prices, including distressed sales, increased by 16.1 percent in March compared to March 2013. On a month-over-month basis, home prices, including distressed sales, increased by 2.1 percent in March compared to February. Excluding distressed sales, year-over-year prices increased by 15 percent in March compared to March 2013. On a month-over-month basis, excluding distressed sales, the CoreLogic HPI shows home prices increased by 3.6 percent in March compared to February.

Visalia-Porterville
 In Visalia-Porterville, home prices, including distressed sales, increased by 17 percent in March compared to March 2013. On a month-over-month basis, home prices, including distressed sales, increased by 2.1 percent in March compared to February. Excluding distressed sales, year-over-year prices increased by 12.9 percent in March compared to March 2013. On a month-over-month basis, excluding distressed sales, home prices increased by 2.1 percent in March compared to February.

 URL to original article: http://www.thebusinessjournal.com/news/real-estate/11868-year-to-year-fresno-home-prices-up 

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