Corelogic: Home Prices Down For Fourth Month
Research firm Corelogic said that, by its measure, home prices were off for a fourth month in November. It is worth remembering that there are a number of guides to home prices, and not all agree on details. Case-Shiller, RealtyTrac, Zillow, and The…
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Research firm Corelogic said that, by its measure, home prices were off for a fourth month in November. It is worth remembering that there are a number of guides to home prices, and not all agree on details. Case-Shiller, RealtyTrac, Zillow, and The National Realtors Association each has a set of figures to measure demand, prices, and in come cases foreclosures.
Corelogic reports home prices were down 4.3% on a year over previous year basis in November and
1.4 percent on a month-over-month basis, the fourth consecutive monthly decline. According to the CoreLogic HPI, national home prices, including distressed sales, also declined by 4.3 percent on a year-over-year basis in November 2011 compared to November 2010. This follows a decline of 3.7 percent in October 2011 compared to October 2010.
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