U.S. home prices broke a five-month streak of year-over-year gains in July, with home prices falling in 36 states — the highest number since November, loan and property data aggregator CoreLogic said today.
CoreLogic’s home-price index showed national home prices unchanged in July from a year ago, compared with an upwardly revised 2.4 percent year-over-year gain in June. That left home prices down 27.7 percent from their April 2006 peak.
10 states with biggest year-over year price declines
1. Idaho (-12.6 percent)
2. Alabama (-9.7 percent)
3. Utah (-5.6 percent)
4. Oregon (-4.8 percent)
5. Washington (-4.3 percent)
6. Florida (-4.0 percent)
7. Illinois (-3.9 percent)
8. New Mexico (-3.6 percent)
9. Maryland (-3.3 percent)
10. Arizona (-3.1 percent)
10 states with greatest year-over-year appreciation
1. Maine (4.5 percent)
2. South Dakota (4.3 percent)
3. California (3.7 percent)
4. New York (3.0 percent)
5. Virginia (2.6 percent)
6. Nebraska (1.9 percent)
7. South Carolina (1.5 percent)
8. Vermont (1.0 percent)
9. Iowa (0.7 percent)
10. North Dakota (0.6 percent)
Prices rose in six of the nation’s 10 largest metros:
- Riverside-San Bernardino-Ontario, Calif. (6.9 percent)
- Houston-Sugar Land-Baytown, Texas (3.3 percent)
- L.A.-Long Beach-Glendale, Calif. (3.3 percent)
- Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.Va. (2.6 percent)
- New York-White Plains-Wayne N.Y.-N.J. (2.4 percent)
- Atlanta-Sandy Springs-Marietta, Ga. (0.6 percent)
Prices fell in the remaining four top 10 largest metros:
- Chicago-Joliet-Naperville, Ill. (-2.9 percent)
- Philadelphia, Pa. (-2.7 percent)
- Phoenix-Mesa-Glendale, Ariz. (-1.6 percent)
- Dallas-Plano-Irving, Texas (-0.3 percent)
