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May 2015 CoreLogic Home Prices Year-over-Year Growth Rate Now 6.3%. Home Price Growth Continues.
Tuesday, July 7, 2015 7:23
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Econintersect: CoreLogic’s Home Price Index (HPI) shows that home prices in the USA are up 6.3% year-over-year year-over-year (reported up 1.7% month-over-month). There is considerable backward revision in this index which makes monthly reporting problematic. CoreLogic HPI is used in the Federal Reserves’s Flow of Funds to calculate the values of residential real estate.
Source: http://econintersect.com/pages/releases/release.php?post=201507070810
