Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Corelogic Inc    CLGX   US21871D1037

CORELOGIC INC (CLGX)

3
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

CoreLogic Inc. : Home prices rise for first time in 8 months: Corelogic

05/08/2012 | 08:35am US/Eastern
Recommend:
0

Home prices rose in March for the first time since last July, helped by tighter housing inventory, data analysis firm CoreLogic said on Tuesday.

CoreLogic's home price index gained 0.6 percent from February, but was still down 0.6 percent compared with March a year ago.

Excluding sales of distressed properties, prices climbed 0.9 percent on a yearly basis. Homeowners in danger of foreclosure, or in "distress", often sell their homes at significantly reduced prices.

"This spring, the housing market is responding to an improving balance between real estate supply and demand, which is causing stabilization in house prices", Mark Fleming, chief economist at CoreLogic, said in a statement.

Of the top 100 statistical areas measured by population, 57 showed year-over-year declines, down from 65.

The closely watched S&P/Case Shiller index released in late April showed a rise in U.S. single-family home prices in February for the first time in 10 months, with a gain of 0.2 percent on a seasonally adjusted basis.

(Reporting By Leah Schnurr; Editing by Leslie Adler)

Recommend :
0
React to this article
Latest news on CORELOGIC INC
7d ago CORELOGIC : Screening Intelligence, LLC Names CoreLogic as Preferred Tenant Scre..
09/13 CORELOGIC : National Foreclosure Inventories On The Decline
09/04 CORELOGIC : MRG Document Technologies Teams with CoreLogic to Promote Document R..
09/02 CORELOGIC : US home prices rose at slower pace in July
09/02 CORELOGIC : Reports Home Prices Rose By 7.4 Percent Year Over Year In July
08/27 CORELOGIC : Reports 45,000 Completed Foreclosures in July
08/22 CORELOGIC : County Mortgage Foreclosures Less Frequent In June
08/21 CORELOGIC : Competition with Cash Home Buyers in Twin Cities Housing Market
08/20 CORELOGIC : COO Frank Martell to Present at the Barclays Global Financial Servic..
08/12 CORELOGIC : Dallas Home Foreclosures Fall Even Further
Advertisement
Chart
Duration : Period :
Corelogic Inc Technical Analysis Chart | CLGX | US21871D1037 | 4-Traders
Income Statement Evolution
Corelogic Inc : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF