July 2014 Prices Are 12% Below April ’06 Peak

CoreLogic research analyst Molly Boesel comments that excluding distressed sales, July 2014 home prices increased 6.8% from July 2013 and were up 1.1% from the prior month. Including distressed sales, prices were still 11.9% below the peak in April 2006, and excluding distressed sales, prices were down 8.3% from peak levels. Plus, location matters.

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