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2012-10-06 09:28:05
CoreLogic Report Shows Prices Continue Increasing

More good news for home prices in San Diego County

The August Home Price Index Report for San Diego County, provided by real estate data provider CoreLogic, shows that home prices are continuing their slow and steady march down the road of recovery. 

All sales

Home prices including distressed sales increased by 0.8% in August 2012 compared to August 2011 and increased by 0.1% in July 2012 compared to July 2011, according to the report.

On a month-over-month basis, home prices including distressed sales increased by 0.1% in August 2012 compared to July 2012.

Non-distressed sales

The news is even better when you remove the distressed sales figures from the data.  Excluding distressed sales, year-over-year prices increased by 4.3% in August 2012 compared to August 2011 and increased by 2.8% in July 2012 compared to July 2011.

On a month-over-month basis, the CoreLogic HPI indicates home prices increased by 0.6% in August 2012 compared to July 2012.

The report also provides data on regional and national housing markets.  In addition, CoreLogic’s CEO provides insight into the housing market, its recovery, and its impact on the economy as a whole.  It’s definitely worth reading.

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Bryan & Allison Devore

Prudential California Realty

(760) 908-3838

North San Diego County and Carlsbad Real Estate

 

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