LA home price growth beating San Francisco and statewide average

  • Home prices nationwide increased 6 percent year-over-year in July and 1.1 percent from the previous month.
  • CoreLogic data suggests that U.S. home prices will increase 5.4 percent in the next year and 0.4 percent each month.
  • Despite having such expensive metros, California's year-over-year growth of 5.9 percent was above the national average.

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With the exception of a few major cities, U.S. home prices are moving up across the country and rose 6 percent annually in July, according to CoreLogic.