CoreLogic, Irvine, Calif., said homeowners with mortgages (which account for roughly 63% of all properties) saw equity slow to a 7.3% increase year over year, representing a collective gain of $1 trillion, for an average of $14,300 per borrower, from one year ago.
Tag: Selma Hepp
CoreLogic: Annual Home Price Growth Continues Single-Digit Slowdown
CoreLogic, Irvine, Calif., said U.S. home prices continued their gradual free fall in January, with the 5.5% annual gain down for the ninth straight month and the lowest recorded since June 2020.
CoreLogic: December Home Price Appreciation Cools to 2-12-Year Low
Year-over-year single-family home price appreciation fell to to 6.9% in December to the lowest rate recorded since summer 2020, said CoreLogic, Irvine, Calif.
Annual Home Price Growth Slows to Two-Year Low
CoreLogic, Irvine, Calif., said year-over-year home price growth ended its 21-month streak of double-digit momentum in November, posting an 8.6% gain, the lowest rate of appreciation in two years.
CoreLogic: Home Equity Gains Down Sharply From Second Quarter
CoreLogic, Irvine, Calif., reported homeowners posted average annual equity gains of $34,300 in the third quarter—half the year-over-year increase recorded in the second quarter.
CoreLogic: Annual Home Price Growth Slows to Half of Spring Peak
CoreLogic, Irvine, Calif., said year-over-year home price growth remained in double digits in October, at 10.1%, but continued to cool and was the lowest recorded since early 2021.
Cooling Buyer Demand Pushes September Home Prices Down
CoreLogic, Irvine, Calif., said September home prices fell by 0.5 percent from August, while annual growth slowed for the fifth consecutive month.
CoreLogic: Insured, Uninsured Damages for Hurricane Ian at $41-$70 Billion
CoreLogic, Irvine, said final damage estimates for Hurricane Ian could run as high as $70 billion—of which up to $17 billion could be uninsured.
Home Price Appreciation Losing Steam
CoreLogic, Irvine, Calif., said year-over-year home price growth slowed for the fourth consecutive month, with more metro areas likely to see further decreases in the coming months.
Housing Market Roundup Sept. 15, 2022
Here’s a quick summary of recent housing market reports that have come across the MBA NewsLink desk: