Expect home prices to rise 5% by next November

Real Estate

Some positive news on the real estate market. In November, home prices climbed by 3.7% from the previous year, according to CoreLogic’s latest Home Price Forecast.

The CoreLogic HPI projects future home price growth based on several economic variables and measures the number of owner-occupied households in each state.

According to CoreLogic’s data, home prices increased by 0.5% from October and are now projected to increase by 5.3% come November 2020.

More here.