In yet another sign that the housing industry rebounded in 2013, home prices increased by 11.8 percent in November 2013 compared with November 2012, according to the latest Home Price Index report from CoreLogic, a leading property information, analytics and services provider. November marked the 21st consecutive month of year-over-year home price gains. CoreLogic also said that home prices were expected to rise by an estimated 11.5 percent in December 2013 compared with December 2012.
In yet another sign that the housing industry rebounded in 2013, home prices increased by 11.8 percent in November 2013 compared with November 2012, according to the latest Home Price Index report from CoreLogic, a leading property information, analytics and services provider. November marked the 21st consecutive month of year-over-year home price gains. CoreLogic also said that home prices were expected to rise by an estimated 11.5 percent in December 2013 compared with December 2012.
"The outlook for 2014 looks a bit less robust," warned Anand Nallathambi, CoreLogic's president and chief executive officer, in a statement. "Regulatory complexities and tight credit can be expected to cool the housing market."
