US home prices, including distressed sales, increased 10.5% over the year to March, according to CoreLogic, America's leading provider of residential property information.
The growth represents the biggest year-on-year increase since March 2006 and the 13th consecutive monthly increase in home prices across the entire USA.
Anand Nallathambi, president and CEO of CoreLogic, attributed the increase to a stabilising property market. “Much of the price increases we are seeing are the result of rising demand among investors and homebuyers for a still-limited supply of homes for sale,” he said.
Excluding distressed sales, home prices increased on a year-over-year basis by 10.7% over the year to March 2013.
Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker
Top Suburbs :
Get help financing your investment
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.
We value your privacy and treat all your information seriously - you can check out