Categories: South Salem

Home prices rise 6.5 percent in July, CoreLogic reports | South Salem Real Estate

The U.S. is on Month 29 of rising home prices. Meanwhile, the Texas housing market has outpaced itself once again, and San Antonio on a steady rise.

These are three takeaways from the latest Home Price Index (HPI) report by Irvine, Calif.-based CoreLogic.

Over the 12 months ended July 31, home prices in the San Antonio/New Braunfels metro increased 6.5 percent.

The San Antonio metro is one of 98 of the top 100 Core Based Statistical Areas (CBSAs) tracked by CoreLogic that posted year-over-year increases in their HPI.

The only exceptions in July were the metros of Worcester, Mass.-Conn.; and Little Rock-North Little Rock-Conway, Ark.

Nationwide, the HPI increased 7.4 percent between July 2013 and July 2014, CoreLogic reports. The July numbers

As for Texas, the Lone Star State once again outperformed itself — reaching a new HPI high of 8.7 percent.

Texas was one of 11 states (including the District of Columbia) that reached new highs for their HPIs.

 

 

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http://www.bizjournals.com/sanantonio/blog/2014/09/home-prices-rise-6-5-percent-in-july-corelogic.html

 

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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