Scotsman Guide > News > October 2016 > News Story

 Enter your e-mail address and password below.

  •  
  •  

Forgot your password? New User? Register Now.

News Archives

 
Subscribe icon Subscribe to our weekly e-newsletter, Top News.

Home prices rise solidly in September


Nationwide, home prices rose solidly in September, but the pace of price growth has slowed considerably in some major U.S. cities after a recent run up.

Prices were up 6.3 percent annually and rose by 1.1 percent over the August level, CoreLogic reported. Notably, price gains have slowed in San Francisco (up 2.2 percent year over year), Washington, D.C. (up 3.1 percent) and Houston (up 3.9 percent), but are still rising quickly in Denver (9.4 percent) and Los Angeles (6.9 percent).

Of the states, prices are rising the fastest in Washington and Oregon, with annual gains of 10.3 percent and 10.1 percent, respectively, CoreLogic said.

 Home-equity wealth has doubled during the last five years to $13 trillion, largely because of the recovery in home prices,” said Frank Nothaft, chief economist for CoreLogic. “Nationwide during the past year, the average gain in housing wealth was about $11,000 per homeowner, but with wide geographic variation,” he continued.

CoreLogic forecasts that the annual gain over the next year will be 5.2 percent.  


 

Questions? Contact at (425) 984-6017 or victorw@scotsmanguide.com.

Get the latest news and articles from Scotsman Guide straight to your inbox.


Send me the following e-mails:





Learn more about Scotsman Guide e-mails

Thank you for signing up to receive e-mails from Scotsman Guide.

A confirmation e-mail has been sent to the address you provided.

For questions regarding your e-mail subscriptions please contact Circulation@ScotsmanGuide.com or call (800) 297-6061.


Fins A Lender Post a Loan
Residential Find a Lender Commercial Find a Lender
Follow Us:Visit Scotsman Guide Facebook pageVisit Scotsman Guide LinkedIn pageVisit Scotsman Guide Twitter page
 
 
 
 

 
 

© 2019 Scotsman Guide Media. All Rights Reserved.  Terms of Use  |  Privacy Policy