Sunday, 26 June 2022 | The Latest Buzz for the Appraisal Industry

CoreLogic Report Shows Continued Price Increases, More Buyer Urgency in April

CoreLogic’s CoreLogic Home Price Index (HPI) and HPI Forecast for April 2022 show that home prices posted another record-high year-over-year increase in April nationwide, marking the 123rd straight month of gains. Rising mortgage rates drove buyer urgency and the resulting price growth, with about 70% of U.S. homes selling for more than asking price this spring. However, higher mortgage rates will likely also put the brakes on buyer demand in the coming months, causing

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