RIS Media

25 January 2018

Home prices again appreciated nationally quarter-over-quarter, rising 0.9 percent, according to the Clear Capital Home Data Index™ (HDI™), a monthly report. Appreciation was highest in the West, where prices climbed 1.2 percent quarter-over-quarter.

Regionally:

Midwest
Growth quarter-over-quarter in the region came in at 0.9 percent, with prices in Detroit, Mich., appreciating at a 1.72 percent rate; prices in Dayton, Ohio, appreciating at a 1.28 percent rate; and prices in Columbus and Cleveland, Ohio, appreciating at a 1.24 percent rate.

Northeast
Growth quarter-over-quarter in the region came in at 1.1 percent, with prices in Providence, R.I., appreciating at a 1.51 percent rate; prices in New York, N.Y., appreciating at a 1.24 percent rate; and prices in Philadelphia and Pittsburgh, Pa., appreciating at a 0.43 percent rate.

South
Growth quarter-over-quarter in the region came in at 0.7 percent, with prices in Memphis, Tenn., appreciating at 1.75 percent; prices in Tampa, Fla. appreciating at 1.38 percent; and prices in New Orleans, La., appreciating at 1.29 percent.

West
Growth quarter-over-quarter in the region came in at 1.2 percent, with prices in San Jose, Calif., appreciating at 2.28 percent; prices in Las Vegas, Nev., appreciating at 2.01 percent; and prices in Seattle, Wash., appreciating at 1.51 percent.

Source: Clear Capital