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Posted August 3rd, 2021 for CoreLogic
Lack of supply, economic rebound and demographic trends fuel home price surge
Affordability challenges increasingly impact low- and middle-income Americans
IRVINE, Calif., August 3, 2021 CoreLogic
® , a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI
™ ) and HPI Forecast
™ for June 2021. Despite the economic ups and downs brought on by the pandemic, the housing market is still going strong . As supply and demand pressures endure and construction costs spike, in June, home price gains reached the highest annual growth since 1979. While affordability challenges intensify, low mortgage rates, rising savings and an improving labor market are helping to keep homeownership within reach for many prospective buyers. However, CoreLogic projects home price gains may slow over the next 12 months as demand moderates and for-sale inventory rises
Press release content from Business Wire. The AP news staff was not involved in its creation.
In High Gear: Annual US Home Price Appreciation Reaches Double Digits in January, CoreLogic Reports
March 2, 2021 GMT
IRVINE, Calif. (BUSINESS WIRE) Mar 2, 2021
CoreLogic ® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI ™ ) and HPI Forecast ™ for January 2021.
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CoreLogic National Home Price Change and Forecast; January 2021 (Graphic: Business Wire)
2020 was a landmark year for the housing market. Factors such as record-low mortgage rates encouraged first-time homebuyers to dip their toe into the housing market and allowed home price growth to remain strong, despite economic uncertainty. The momentum continued into 2021, with home price growth experiencing its first double-digit annual appreciation since November 2013 in January at 10%. However, as we look forward