Dive Brief:
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Home prices increased again in March — by 2% since February, according to the CoreLogic Home Price Index released on Tuesday.
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Year-over-year, home values have increased for 37 straight months, the report noted. Including distressed sales, prices were 5.9% higher in March than they were in March 2014.
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Including distressed sales — like foreclosures, the five states with the highest home price appreciation in March were Colorado, South Carolina, Kansas, Texas and Nevada.
Dive Insight:
"All signs are pointing toward continued price appreciation throughout 2015, CoreLogic CEO Anand Nallathambi said in a press release. In fact, he said, prices could spike during the spring selling season as inventory remains tight and demand for homes increases.