CoreLogic with their home price index, says that nationally home values are up 2.5%. They are also predicting a 2.0% increase for July. Here’s what they wrote about the Louisville real estate market.
Home Prices in Louisville-Jefferson County IncreaseIn Louisville-Jefferson County, home prices, including distressed sales, increased by 2.0 percent in June 2012 compared to June 2011 and increased by 2.2 percent* in May 2012 compared to May 2011. Excluding distressed sales, year-over-year prices increased by 2.1 percent in June 2012 compared to June 2011 and increased by 2.3 percent* in May 2012 compared to May 2011.
Kentucky, as a state, was near the bottom of the rankings nationally with -0.3% decrease for the month. Arizona performed the best with a 13.8% increase. Alabama the worst with a -4.8% decline.
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