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Home Prices Rose Again in December

Mortgage News > Home Prices Rose Again in December
Date: 02/19/2020    Home Prices Rose Again in December

U.S. home prices climbed 4% in December from the previous year, according to data from CoreLogic. Prices were also up 0.3% from November 2019. CoreLogic is predicting that prices will rise another 5.2% by December 2020. Homes in the lower price ranges experienced the greatest increases, with prices on properties that sold for under 25% of the local median price jumping 5.9% in 2019. Prices for homes that sold for 25% or more above the median only increased 3.7% last year.

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