CoreLogic's Home Price Index (HPI) for January represented its highest 12-month rent growth since the series began in 1976.
National home prices increased 19.1% year over year in January 2022, according to the report. The January 2022 HPI gain was up from the January 2021 gain of 9.4%.
While home price growth is expected to slow over the next 12 months, the CoreLogic HPI Forecast shows that the year-over-year change in the HPI will remain in the double digits for at least the first seven months of 2022.
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