Corelogic just released some exciting news from the national housing market: Home prices are back on the rise!
The real estate data provider reported that home prices increased 0.9 percent in January after falling 0.1 percent in December.
And this is indicative of a larger trend, Corelogic reported. After all, over the last 12 months, prices have actually risen a total of 12 percent, which is the biggest year-over-year gain in over eight years!
Home sellers are sure to be encouraged by this recent development because it means that they have a better chance of getting the price they want for their property.
Housing Market Gaining Strength, According to Recent Data
Here’s an overview of recent activity on the national housing market: