Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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

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

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)

React to this article
Latest news on CORELOGIC INC
09/01 CORELOGIC : BRIEF: Survey: Sonoma County home prices up nearly 11 percent in Jul..
09/01 CORELOGIC : Reports National Home Prices Rose by 6.9 Percent Year Over Year in J..
08/28 CORELOGIC : SLO County's median home price increases over last year
08/28 CORELOGIC : BRIEF: Foreclosure rate falls in South Florida
08/27 CORELOGIC : Colorado Springs foreclosure picture continues to improve, report sh..
08/24 CORELOGIC : Cash Sales On The Decline Big Time
08/19 CORELOGIC : Marin home sales jump 12%, buyers 'on a shopping spree'
08/19 CORELOGIC : BRIEF: Home sales jump in Marin and the Bay Area
08/19 CORELOGIC : Home prices fell back in July, CoreLogic reports
08/19 CORELOGIC : As Sales Climb and Affordability Drops, OC Real Estate is Back to "N..
Advertisement
Chart
Duration : Period :
Corelogic Inc Technical Analysis Chart | CLGX | US21871D1037 | 4-Traders
Income Statement Evolution
More Financials