HomePriceIndexReport-CoreLogic.pdfVIP

Home Price Index Report FEBRUARY 2015 “Since the second half of 2014, the dwindling supply of affordable inventory has led to stabilization in home price growth with a particular uptick in low- end home price growth over the last few months. From February 2014 to February?2015, low-end home prices increased by 9.3 percent compared to 4.8 percent for high-end home prices, a gap that is three times the average historical difference.” Dr. Frank Nothaft, chief economist at CoreLogic 2 Home Price Index – National Overview ? CoreLogic Reports Home Prices Rose by 5.6 Percent Year Over Year in February ? CoreLogic HPI Forecast Projects Increase of 0.6 Percent Month Over Month in March ? National Home Prices Are Expected to Rise by 5.1 Percent from February 2015 to February 2016 5.6% 1.1% 12.2% February from in February 2015 January?2015 below April 2006 peak Home prices, including distressed On a month-over-month basis, home Home prices nationwide remain sales, increased 5.6 percent in prices increased by 1.1 percent in 12.2 percent below their peak, February 2015 compared to February compared to January* data. which was set in April 2006. February?2014. February marks the Excluding distressed sales, home 36th consecutive month of year- prices were up 1.5 percent month Home prices, excluding distressed over-year home price gains. over month in February 2015.