This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

US House Prices Edge Up

First name: 


Last name: 


Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category


United States  New York  North Dakota  Ken Wood  Mark Fleming  Residential real estate values  CoreLogic Home Price Index  District of Columbia 

US House Prices Edge Up

By - Friday 05 August 2011

Residential real estate values in the US rose in June, according to the CoreLogic Home Price Index. The research organisation revealed that prices were up 0.7 per cent compared to May, making it the third consecutive month of increases. However, year-on-year values are still depressed, although this is less pronounced when distressed sales are not taken into account.

Chief economist for CoreLogic Mark Fleming commented: "While there is a consistent and sustained seasonal improvement in prices over the last three months, prices are lower than a year ago due to the decline in prices after the expiration of the tax credit." Meanwhile, the data revealed that some regions are beginning to experience a recovery in values, with New York, the District of Columbia and North Dakota among those to see an appreciation in the housing market.

Last month, real estate expert Ken Wood stated that conditions in the US property sector are ideal for international investors looking for a bargain. He went on to note that there is unlikely to be a similar opportunity in this generation.

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here



*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.

«« Back to IPIN Live

Follow IPIN Global

Latest Content

Recent Comments

Powered by Disqus