Across the U.S., home prices posted 5.2% quarter-over-quarter gains, placing prices firmly 8.8% above levels experienced one year ago, according to Clear Capital's Home Data Index™ (HDI) Market Report.  Regionally, the Midwest and South saw the largest quarterly price growth, while the West and Northeast show more stable quarterly gains. 
 

    Home price gains across the United States were helped largely by the quarterly jump in prices by the top 15 highest performing major markets. Quarterly prices for the group are up an average 12.6%, while yearly price gains are up 17.1%.
 
     Home prices in the Los Angeles MSA rebounded 13.2% from its market bottom one year ago. While this surpassed the 8.8% gains seen nationally for the same period, conditions varied widely.

    As a whole, the REO saturation rate was reduced to 24.6 percent, a decline of 3.2 percentage points from what was reported last month.

 

Don Schaller

Broker Owner

Schaller Family Realtors

Dickson Realty Truckee

alltruckeehomes.com