Home Prices Rise In All States But Six
A recent report from CoreLogic found that home prices increased nationwide 4.6% from August 2011 to August 2012, the biggest year-over-year increase since July 2006. From July to August 2012, home prices increased 0.3% and CoreLogic’s predictions for September are looking good as well!
However, these improving numbers were not seen across the entire United States. Out of the 25 largest metros, 23 saw an increase in home prices, ranging from 0.8% to 21.8%.
The states that saw the greatest increase in home prices included Arizona, Idaho, Nevada, Utah and Hawaii. The states that experienced a decline in their home prices were Rhode Island, Illinois, New Jersey, Alabama, Connecticut and Kentucky.
To see how much these states, and others, increased or decreased, click here.
How did your state do?