Home prices rise nationally, in Oregon and Washington
Wednesday, August 8, 2012
Home prices nationwide, including distressed sales, increased s by 2.5 percent in June 2012 compared to June 2011, the housing research organization CoreLogic reported Tuesday. When distressed sales such as foreclosures and short sales are excluded, home prices nationwide were up 3.2 percent during the same time period.
Price increases in both Washington and Oregon exceeded the national average. Washington's home prices rose 2.8 percent with the distressed sales listings included, and 4.3 percent without distressed sales. Oregon reported a 4.3 percent rise in prices with distressed properties included and a 3.9 percent increase without those properties.
In another measure of the housing market's steady improvement, CoreLogic reported a 1.3 percent one-month increase in home prices nationally for all sales. Those numbers marked the fourth consecutive increase in home prices nationally as measured annually and monthly.