Home prices rise 6.5 percent in July, CoreLogic reports | South Salem Real Estate

The U.S. is on Month 29 of rising home prices. Meanwhile, the Texas housing market has outpaced itself once again, and San Antonio on a steady rise.

These are three takeaways from the latest Home Price Index (HPI) report by Irvine, Calif.-based CoreLogic.

Over the 12 months ended July 31, home prices in the San Antonio/New Braunfels metro increased 6.5 percent.

The San Antonio metro is one of 98 of the top 100 Core Based Statistical Areas (CBSAs) tracked by CoreLogic that posted year-over-year increases in their HPI.

The only exceptions in July were the metros of Worcester, Mass.-Conn.; and Little Rock-North Little Rock-Conway, Ark.

Nationwide, the HPI increased 7.4 percent between July 2013 and July 2014, CoreLogic reports. The July numbers

As for Texas, the Lone Star State once again outperformed itself — reaching a new HPI high of 8.7 percent.

Texas was one of 11 states (including the District of Columbia) that reached new highs for their HPIs.

 

 

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http://www.bizjournals.com/sanantonio/blog/2014/09/home-prices-rise-6-5-percent-in-july-corelogic.html

 

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