Fourth Consecutive Month of Growth in the National Index.

Corelogic
Fourth Consecutive Month of Growth in the National Index.

The CoreLogic Home Value Index results for October out today confirm a 1.2% rise in national dwelling values over the month, delivering the fourth straight month of rising values.  The October result was the largest month-on-month gain in the national index since May 2015.  The recent gains come after a broad-based decline in housing values, with the national index declining 8.4% between October 2017 and June 2019.  The positive October result takes national dwelling values 2.9% off their June 2019 floor, however values remain 5.7% below their peak, highlighting that despite the recent gains, home values are at a similar level to where they were three years ago. 

 

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