The CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through December 2020 with forecasts through December 2021.
CoreLogic HPI™ is designed to provide an early indication of home price trends. The indexes are fully revised with each release and employ techniques to signal turning points sooner. CoreLogic HPI Forecasts™ (with a 30-year forecast horizon), project CoreLogic HPI levels for two tiers—Single-Family Combined (both Attached and Detached) and Single-Family Combined excluding distressed sales.
The report is published monthly with coverage at the national, state, and Core Based Statistical Area (CBSA)/Metro level and includes home price indices (including distressed sale); home price forecast, and market condition indicators. The data incorporates more than 40 years of repeat-sales transactions for analyzing home price trends.
HPI National Change
December 2020 National Home Prices
Home prices nationwide, including distressed sales, increased year over year by 9.2% in December 2020 compared with December 2019 and increased month over month by 1% in December 2020 compared with November 2020 (revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results).
Forecast Prices Nationally
The CoreLogic HPI Forecast indicates that home prices will increase on a month-over-month basis by 0.2% from December 2020 to January 2021, and on a year-over-year basis by 2.9% from December 2020 to December 2021.