US Home Prices Soar By 18% Year-Over-Year
U.S. home prices, including distressed sales, recorded an 18% year-over-year increase in October, according to the latest CoreLogic Home Price Index (HPI) data. This marks the highest recorded annual increase in the HPI’s 45-year history.
On a month-over-month basis, home prices increased by 1.3% from September to October.