CoreLogic: Market to blame for pushing home prices higher

Southern California house hunters hit big wall: Record high prices in March. San Diego County’s median home price rose to $550,000, a year-over-year gain of $35,000 or 6.8 percent. Riverside County posted a median price of $375,000 – not a record but still the highest median for that area in more than a decade.

The Southern California median home price surged 8.2% in May. two percentage points higher than today. “It’s a completely different type of pattern,” Thornberg said of today’s market. “It’s not.

Home sales soared in November and are expected to end 2017 on a high note. Justin Sullivan/Getty Images Existing home sales. off the market at an extremely fast pace and the prevalence of multiple.

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Home CoreLogic: Market to blame for pushing home prices higher. CoreLogic: Market to blame for pushing home prices higher Spring buying season fails to bear fruit. May 6, 2014. Brena Swanson.

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The U.S. housing market’s storyline for the last several years has been one of steady demand and limited supply, pushing prices ever higher. Now. purchase activity and accelerating home prices. The.

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National Housing Market Update | March 2019 CoreLogic’s methodology behind overvalued housing markets "as one in which home prices are at least 10 percent higher than the long-term, sustainable level, while an undervalued housing market is one in which home prices are at least 10 percent below the sustainable level."

Low Inventory Pushes Home Prices Higher. According to CoreLogic’s latest Home Price Index, prices appreciated by 6.9% year-over-year from December 2016 to December 2017 on a national level. This marks the fifth month in a row with at least a 6.9% increase. dr. frank Nothaft, Chief Economist for CoreLogic, gave insight into.

U.S. home prices. decline in prices that CoreLogic estimates. Do other real estate experts agree with that sentiment? TheStreet canvassed several real estate gurus to see where they believe home.

Who does the Fed think they’re fooling? In this week’s episode of Industry Focus: Financials, host Dylan Lewis and contributor Matt Frankel, CFP, discuss two recent news stories. As expected, the Federal Reserve held. in payment.