According to Core Logic, home prices including distressed sales increased 6.2% year over year in April 2016 and forecast to increase by 5.3 per cent over the next year.
Washington had the largest year-over-year price growth of any state in April 2016.
Appreciation slowed in some markets such as in two Texas metro areas: Houston-The Woodlands-Sugar Land logged a 3.9 per cent year-over-year gain and Midland logged a 0.3 per cent increase.
See Home Price Index Audio Clip, June 7, 2016, at www.corelogic.com/blog/default3.aspx#.V21rg7grLIU.
