CoreLogic: September home prices increased 6.4%

  • Home prices nationwide -- including distressed sales -- increased by 6.4 percent year-over-year in September 2015.
  • Home price increases have been stable for the last 15 months, ranging between a 4.8 percent and 6.5 percent year-over-year increase.
  • The number of overvalued top markets doubled from the first quarter to the second quarter.

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Home prices nationwide — including distressed sales — increased by 6.4 percent year-over-year in September 2015 and increased by 0.6 percent month-over-month, according to the September 2015 CoreLogic Home Price Index report. Home prices are projected to increase by 4.7 percent on a year-over-year basis from September 2015 to September 2016, but could potentially dip slightly from September 2015 to October 2015, said the global property information provider.