Jul 03, 2012
Home prices up nationwide for the third straight month
03 Jul 2012
Posted by Andrew Kantor
CoreLogic is reporting that it’s Home Price Index for May showed prices up two percent from a year ago — but get this: That includes distressed-home sales.
Take out the distressed sales and prices were up 2.7 percent. (They were also up month to month — and that’s the third month in a row with gains.)
The company expects prices to rise another two percent in June.