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First American CoreLogic: House Prices Decline 1.9% in January
The Fed's favorite house price indicator from First American CoreLogic’s LoanPerformance ... From LoanPerformance: January Home Price Index Shows Narrowing Annual Decline National home prices, including distressed sales, declined by 0.7 percent in January 2010 compared to January 2009, according to First American CoreLogic and its LoanPerformance Home Price Index (HPI). This was a significant improvement over December’s year-over-year price decline of 3.4 percent. Excluding distressed sales, year-over-year prices declined in January by 0.4 percent; while in December the non-distressed HPI fell by 3.3 percent year-over-year. Compared to a year ago, the month-to-month rate of decline is lessening – in January 2009, the HPI showed the largest one month decline in its more than 30-year history
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First American CoreLogic: House Prices Decline 1.9% in January
The Fed's favorite house price indicator from First American CoreLogic’s LoanPerformance ... From LoanPerformance: January Home Price Index Shows Narrowing Annual Decline National home prices, including distressed sales, declined by 0.7 percent in January 2010 compared to January 2009, according to First American CoreLogic and its LoanPerformance Home Price Index (HPI). This was a significant improvement over December’s year-over-year price decline of 3.4 percent. Excluding distressed sales, year-over-year prices declined in January by 0.4 percent; while in December the non-distressed HPI fell by 3.3 percent year-over-year. Compared to a year ago, the month-to-month rate of decline is lessening – in January 2009, the HPI showed the largest one month decline in its more than 30-year history
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