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Home prices rise by 11 percent year over year in December


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2014 Feb 3, 9:27pm   799 views  0 comments

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http://www.centralvalleybusinesstimes.com/stories/001/?ID=25139

Annual price growth is the strongest since 2005 •  We expect the rising prices to attract more sellers, unlocking this pent-up supply Home prices nationwide, including distressed sales, increased 11 percent in December 2013 compared to December 2012, the 22nd consecutive monthly year-over-year increase in home prices nationally, according to a new report Tuesday from financial information company CoreLogic (NYSE: CLGX) of Irvine.

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