CoreLogic reports U.S. home prices, including distressed sales, increased 1.1% Y/Y in April, the...

|By:, SA News Editor

CoreLogic reports U.S. home prices, including distressed sales, increased 1.1% Y/Y in April, the first back-to-back Y/Y increase since June 2010. Prices rose 2.2% M/M, the second consecutive M/M gain this year. “Home prices are responding to a restricted supply that will likely exist for some time to come - an optimistic sign for the future of our industry."