Home prices across the US, including distressed sales, increased by 6.3 per cent in November 2015 compared with November 2014 and increased by 0.5 per- cent in November 2015 compared with October 2015, according to the CoreLogic HPI released Thursday.
US House Prices: October and Year-End 2015
The Black Knight current month US home prices are up 0.2 per cent for October and up 5.5 per cent Year-Over-Year At US$254K, the national level HPI is now just 5.3 per cent off its June 2006 peak of US$268K, and up 26.9 per cent from the market’s bottom in January 2012.
The Black Knight HPI is off 5.3 per cent from the peak in June 2006 (not adjusted for inflation).
The year-over-year increase in the index has been about the same for the last year.