Real Estate Articles

2020-04-20 Home Prices Were Heating Up Prior to the Coronavirus Outbreak | By: Brad Beckett


Home Prices Were Heating Up Prior to the Coronavirus Outbreak
by Brad Beckett
According to CoreLogic, home prices across the nation were beginning to “heat up” just prior to the Coronavirus outbreak and subsequent national emergency.  Their latest CoreLogic Home Price Index (HPI) Report for February said that prices increased 4.1% year over year and has been increasing on a year-over-year basis every month since February, 2012.  In addition, they point out that as of February, the overall HPI was 10.1% higher than its pre-crisis peak in April 2006, just before the start of the 2007 financial crisis. 
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