Core Logic: property prices in the US will grow by 6.3% during the year

According to a recent survey by Home Price Index of Core Logic property prices in the US increased by 10.5% in April 2014 compared to April of last year, according to World the Property the Channel . Thus, the continuous rise in prices continues 26 consecutive months. Compared with March 2014 prices increased in April by 2.1. In 23 states, the prices are at the level of the peak pre-crisis levels or are within 10% of them. It is expected that for the year April 2014 to April 2015 prices will increase by 6.3%, including the cost of real estate collateral, and by 5.5% excluding the cost of real estate collateral. According to Sam Khater, deputy chief economist at Core Logic, a decrease in sales volumes, which started a few months ago, it begins to affect the growth rate of prices. The rise in prices year on year by 10.5%, which occurred in April, the lowest in the last 14 months. HomesOverseas.ru