CoreLogic HPI

CoreLogic released their Home Price Index Appreciation report for April, showing that home prices rose 1.4% from March to April. On a year over year basis, home prices were up 5.4%, up from 4.5% in the previous report. CoreLogic forecasts that home prices will rise 0.3% from April to May, but they do expect prices to fall 1.3% in the year going forward – the first decline in their data in 9 years.