Home prices rise in U.S. and in NY region: CoreLogic

New York /
Feb.February 05, 2013 10:30 AM

Home prices across the nation, as well as those in the greater New York City area, rose in December, according to the latest tallies from CoreLogic.

The New York/White Plains (N.Y.)/-Wayne (N.J.) region saw prices, including distressed sales, rise by 8.5 percent year-over-year in December. In the area, prices gained 1.7 percent month-over-month.

U.S. prices — on a ten-month climb — rose 8.3 percent year-over-year in November. This includes distressed sales, and represents the biggest increase since May 2006. Excluding distressed sales, U.S. home prices increased on a year-over-year basis by 7.5 percent.

“We are heading into 2013 with home prices on the rebound,” said Anand Nallathambi, president and CEO of CoreLogic. “The upward trend in home prices in 2012 was broad based with 46 of 50 states registering gains for the year. All signals point to a continued improvement in the fundamentals underpinning the U.S. housing market recovery.” –Hiten Samtani


Related Articles

arrow_forward_ios
Lenders are being stingy about granting home equity lines of credit. (iStock)
Home values are up, but just try getting a line of credit
Home values are up, but just try getting a line of credit
(iStock)
Hot, hot, hot: Resi market sets new price records in March
Hot, hot, hot: Resi market sets new price records in March
CoStar CEO Andy Florance
CoStar retreats from failed CoreLogic bid
CoStar retreats from failed CoreLogic bid
Auckland, New Zealand and Shenzhen, China (iStock)
Global luxury home sale prices nudged up in 2020
Global luxury home sale prices nudged up in 2020
CoStar Group Andrew C. Florance. (Getty)
CoStar revenue soars 19% after year of acquisitions
CoStar revenue soars 19% after year of acquisitions
From mid-March to the end of 2020, only 11,690 units citywide were affordable to essential workers (iStock)
Affordable, market-rate apartments surge 40%, but remain rare
Affordable, market-rate apartments surge 40%, but remain rare
CoStar's Andy Florance and CoreLogic’s Frank D. Martell (Photos via Getty; Twitter)
CoStar offers $6.9B to buy CoreLogic
CoStar offers $6.9B to buy CoreLogic
From left: CoreLogic CEO Frank Martell, Stone Point Capital CEO Charles Davis and Insight Partners' Deven Parekh (Getty; Stone Point; Insight; iStock)
CoreLogic finds buyer in $6B deal
CoreLogic finds buyer in $6B deal
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...