DC home prices saw one healthy May, CoreLogic says

  • Including distressed sales, single-family home prices nationwide increased 1.3 percent from April to May and a 5.9 percent game year-over-year.
  • CoreLogic forecasts US home prices to jump another 0.8 percent in June and 5.3 percent by May of next year.
  • The Washington-Arlington-Alexandria area's year-over-year increase in May was an uninspiring 2.1 percent.

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Home prices continue to increase throughout the nation for the 52nd consecutive month, according to CoreLogic’s monthly Home Price Index report — but some notable metros might have overvalued markets