By Angelica Gonzales | Phoenix Business Journal
While home prices have been going through the roof in the past year, economists at CoreLogic Inc. (NYSE: CLGX) expect a modest price decline over the next 12 months nationwide.
Nationally, home prices increased by 4.9% in June 2020, compared with with June 2019. Month over month, home prices increased 1% compared with May of this year, the fastest monthly gain for the month of June since 2013, according to the CoreLogic Home Price Index and HPI Forecast.
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