Home prices rise for first time in 8 months: Corelogic

Tue, 05/08/2012 - 08:34 EDT - Reuters - Business News

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NEW YORK (Reuters) - Home prices rose in March for the first time since last July, helped by tighter housing inventory, data analysis firm CoreLogic said on Tuesday.

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Home prices rise for first time in 8 months: Corelogic
NEW YORK (Reuters) - Home prices rose in March for the first time since last July, helped by tighter housing inventory, data analysis firm CoreLogic said on Tuesday. CoreLogic's home price index gained 0.6 percent from February, but was still down 0.6 percent compared with March a year ago. Excluding sales of distressed properties, prices climbed 0.9 percent on a yearly basis. Homeowners in danger of foreclosure, or in "distress", often sell their homes at significantly reduced prices. ...
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Home prices rise in August: CoreLogic
NEW YORK (Reuters) - Home prices rose in August as the housing market continued to gain traction, but recent gains could start to wane as the summer comes to an end, data analysis firm CoreLogic said on Tuesday.
US Home Sales Rose to 5-Year High in 2012
WASHINGTON — U.S. sales of previously occupied homes rose in 2012 to their highest level in five years, spurred higher by record-low mortgage rates and steady hiring. The National Association of Realtors said Tuesday that sales reached 4.65 million last year. That’s up 9.2 percent from 2011 and the most since 2007. Sales are still below the roughly 5.5 million that are consistent with a healthy market. (MORE: What Ever Happened to the Big, Bad “Shadow Inventory” of Homes?) Sales dipped in December to a pace of 4.94 million, down from 4.99 million in November.
US Home Sales Rose to 5-Year High in 2012
WASHINGTON — U.S. sales of previously occupied homes rose in 2012 to their highest level in five years, spurred higher by record-low mortgage rates and steady hiring. The National Association of Realtors said Tuesday that sales reached 4.65 million last year. That’s up 9.2 percent from 2011 and the most since 2007. Sales are still below the roughly 5.5 million that are consistent with a healthy market. (MORE: What Ever Happened to the Big, Bad “Shadow Inventory” of Homes?) Sales dipped in December to a pace of 4.94 million, down from 4.99 million in November.

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Home prices rise for first time in 8 months: Corelogic

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