Industry NewsMarkets & Economy

Shrinking inventory boosts home prices

CoreLogic: First month-over-month increase since last summer
Published on May 8, 2012

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by CareyBot

A national home-price index maintained by data aggregator CoreLogic showed prices edging up from February to March -- the first month-over-month increase since last summer.

The CoreLogic Home Price Index showed home prices, including distressed sales, increasing by 0.6 percent from February to March, and down by the same amount when compared to a year ago.