CoreLogic: Fresno home prices still rising

Source: The Business Journal

 CoreLogic,a global property information, analytics and data-enabled services provider, today released its April CoreLogic Home Price Index report showing that in Fresno and other Valley locations, year-over-year home prices continue to rise. Home prices nationwide, including distressed sales, increased 10.5 percent in April compared to April 2013. The change represents 26 months of consecutive year-over-year increases in home prices nationally. On a month-over-month basis, home prices nationwide, including distressed sales, increased 2.1 percent in April compared to March. In Fresno, home prices, including distressed sales, increased by 12.3 percent in April compared to April 2013. On a month-over-month basis, home prices, including distressed sales, increased by 1.7 percent in April compared to March. Excluding distressed sales, year-over-year prices increased by 10.4 percent in April compared to April 2013. On a month-over-month basis, excluding distressed sales, the CoreLogic HPI indicates home prices increased by 1.2 percent in April compared to March.

Madera

 In Madera, home prices, including distressed sales, increased by 13.7 percent in April compared to April 2013. On a month-over-month basis, home prices, including distressed sales, decreased by 0.5 percent in April compared to March. Excluding distressed sales, year-over-year prices increased by 10.9 percent in April compared to April 2013. On a month-over-month basis, excluding distressed sales, the CoreLogic HPI shows home prices decreased by 0.3 percent in April compared to March.

Hanford-Corcoran

In Hanford-Corcoran, home prices, including distressed sales, increased by 10.7 percent in April compared to April 2013. On a month-over-month basis, home prices, including distressed sales, increased by 2.1 percent in April 2014 compared to March 2014. Excluding distressed sales, year-over-year prices increased by 11.8 percent in April compared to April 2013. On a month-over-month basis, excluding distressed sales, home prices decreased by 0.2 percent in April compared to March.

 Visalia-Porterville

In Visalia-Porterville, home prices, including distressed sales, increased by 15.3 percent in April 2014 compared to April 2013. On a month-over-month basis, home prices, including distressed sales, increased by 1.7 percent in April compared to March. Excluding distressed sales, year-over-year prices increased by 10.1 percent in April compared to April 2013. On a month-over-month basis, excluding distressed sales, home prices decreased by 0.5 percent in April compared to March.

URL to original article: http://www.thebusinessjournal.com/news/real-estate/12290-corelogic-fresno-home-prices-still-rising 

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