New York State, NYC lagging behind national home price growth, report says

  • 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.
  • New York State's growth was just below the national levels of median home price gains. The New York City metro was even further behind.

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.