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Home Prices Aren’t Done Setting Records Yet
Jeannette Thompson
Published 5 months ago
CoreLogic released its Home Price Index for January today, showing year-over-year price
appreciation of 19.1% nationally. That's the highest rate of appreciation since this data
series began in 1976. The caveat, of course, is that CoreLogic's own forecasts call for a
deceleration in price gains throughout the year. Nonetheless, the annual pace should
remain above 10% for the first seven months of 2022.
The lowest price tier has enjoyed the fastest appreciation since the middle of 2013. This
trend accelerated into the middle of 2021, but higher priced homes have been catching up
since then.
Continue this read in the above PDF.
appreciation of 19.1% nationally. That's the highest rate of appreciation since this data
series began in 1976. The caveat, of course, is that CoreLogic's own forecasts call for a
deceleration in price gains throughout the year. Nonetheless, the annual pace should
remain above 10% for the first seven months of 2022.
The lowest price tier has enjoyed the fastest appreciation since the middle of 2013. This
trend accelerated into the middle of 2021, but higher priced homes have been catching up
since then.
Continue this read in the above PDF.
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National Rate Averages
Conf. 30Y Fixed
5.42%
0.023
FHA 30Y Fixed
5.333%
0.005
Jumbo 30Y Fixed
5.163%
-0.169
Rate averages are calculated from actual locked rates. Learn more.
