Industry NewsMarkets & Economy

4 markets where prices will fall hardest

CoreLogic sees reversal of home-price gains
Published on May 20, 2010

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National home prices were up 1.7 percent in March when compared to a year ago, but will probably give back some of those gains in the year ahead with the expiration of the federal homebuyer tax credit, data aggregator CoreLogic said in releasing its latest home-price index.

While 51 out of the 100 largest markets saw year-over-year price appreciation in March -- up from 42 markets in February -- CoreLogic predicts average national home prices will fall 0.5 percent in the next 12 months.