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Home Prices Jumped 11.8% In Past Year

Home Prices Jumped 11.8% In Past Year

| Jan 08, 2014 | Housing Market

Home prices in the U.S. increased in November, jumping 11.8% from November 2012. Home sales have gradually increased nationally over the last 21 months, showing positive signs that the housing market is making a comeback. Home prices, including distressed sales, inched up 0.1% from October 2013 to November 2013. The chief economist for CoreLogic, Mark Fleming said, “the housing market paused as expected in November for the holiday season with very low month-over-month Appreciation. Year-over-year home prices are up an impressive 11.8%.” More here

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