CoreLogic's Molly Boesel reports that national home prices, including distressed sales, have increased 6.8% year-over-year and 1% month-over-month as of October 2015, according to CoreLogic's Home Price Index Report.
Despite the increase, prices are still 6.8% below the April 2006 peak. Among the four price tiers the report studies, the low-price tier has increased fastest, and is now 3.8% above its pre-crisis peak. Colorado reflected the largest HPI growth, charting a 10.5% year-over-year increase, followed by Washington (up 9.6%) and Oregon, where prices increased by 9.4%.
Only Mississippi (-1.7%) and Louisiana (-0.2%) showed year-over-year depreciation.Nevada home prices were the farthest below their all-time HPI high, still 30.4% lower than the state’s March 2006 peak.