In August, we saw the biggest annual increase in national home prices since 2006. Nationally, home prices are up 4.6 percent from August of 2011 according to CoreLogic's home price index. Most U.S. states showed home price gains in August. The states that saw depreciation in home sales were Rhode Island, Illinois, New Jersey, Alabama, & Connecticut. The 5 states with the highest annual price appreciation were Arizona (18.2%), Idaho (10.4%), Nevada (9%), Utah (8.9%) and Hawaii (8%).
Another CoreLogic index that is based on Multiple Listing Service Data across the country predicts that September will prove to have a home price gain of approximately 6.3% over September of 2011.
I am a Realtor servicing Colorado Springs and the Front Range. I would love to help you buy a home or sell your current home. Look around on my blog & then visit my website: Springs LifeStyles Real Estate
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