The CoreLogic HPI provides the most comprehensive set of monthly home price indices available covering 6,713 ZIP codes (58 percent of total U.S. population), 624 Core Based Statistical Areas (86 percent of total U.S. population) and 1,172 counties (84 percent of total U.S. population) located in all 50 states and the District of Columbia.
In July CoreLogic report:
Home prices nationwide, including distressed sales, increased on a year-over-year basis by 2.0 percent in May 2012 compared to May 2011. On a month-over-month basis, home prices, including distressed sales, also increased by 1.8 percent in May 2012 compared to April 2012*. The May 2012 figures mark the third consecutive increase in home prices nationwide on both a year-over-year and month-over-month basis.
Excluding distressed sales, home prices nationwide increased on a year-over-year basis by 2.7 percent in May 2012 compared to May 2011. On a month-over-month basis excluding distressed sales, the CoreLogic HPI indicates home prices increased 2.3 percent in May 2012 compared to April 2012, the fourth month-over-month increase in a row. Distressed sales include short sales and real estate owned (REO) transactions.
