Check out Arizona’s year-over-year price increase
U.S. home prices marched higher in April, with the strongest gains in the West, according to a report out Tuesday.
The national home price index from data provider CoreLogic was 6.9% higher than a year ago, and 1.6% higher than in March. Washington was the hottest state for prices, notching a 12% annual gain. Consumer prices rose just 2.2% in the 12 months ending April, according to the Labor Department.
Only three states saw yearly declines.
Opposing view: Fast-rising home prices finally hit a wall