Home prices up annually, but barely move monthly

house pricesBy Dees Stribling | MHN Online

CoreLogic reported on Tuesday that home prices nationwide, including distressed sales, increased 11.8 percent in November 2013 compared to the same month a year earlier (the recent Case-Shiller indices reported similarly sized increases, but for the three months ending in October). The change represents the 21st consecutive monthly year-over-year increase in home prices nationally, according to the company. Excluding distressed sales, home prices increased by 10.4 percent year-over-year in November 2013.

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