According to the latest from CoreLogic, Nevada ranked third in the nation for single family home price appreciation during the month of September. Including distressed sales, prices were up 11 percent from a year earlier. Excluding distressed sales, prices were up 9.5 percent.
Home prices nationwide, including distressed sales, increased on a year-over-year basis by 5 percent in September 2012 compared to September 2011. This change represents the biggest increase since July 2006 and the seventh consecutive increase in home prices nationally on a year-over-year basis. On a month-over-month basis, including distressed sales, home prices decreased by 0.3 percent in September 2012 compared to August 2012*. The HPI analysis from CoreLogic shows that all but seven states are experiencing year-over-year price gains.
The full report along with graphics is available here.