Report: Home prices up at home, nationally in April

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Bay Area Feels The Effects Of Plunging Housing MarketProperty information company CoreLogic reported home prices increased in April, in Colorado Springs and across the country.

The company reported that nationwide, home prices increased 10.5 percent (including distressed sales) in April compared to the same time last year, and the level was up 2.1 percent since March.

“At the state level, including distressed sales, no states posted depreciation in April 2014,” the report said. “Additionally, Colorado, Louisiana, Nebraska, Oklahoma, North Dakota, Texas and Wyoming all surpassed their previous home price peaks.”

The report indicated home prices in Colorado Springs (including distressed sales) increased by an average of 4.8 percent from April 2013 to April 2014. The level was also .4 percent higher than home sales in March, according to CoreLogic.

Home prices were 3.3 percent higher in April than they were the same time last year (excluding distressed sales), while the same number decreased .9 percent from March of this year.

The state saw an overall increase in home prices (including distressed sales) of 8.8 percent from since April 2013, while the number excluding distressed sales increased 6.6 percent.

Those statistics placed Colorado directly ahead of the District of Columbia and behind Minnesota for the level of year-over-year home price appreciation. The state placed 15th (out of 50 states and D.C.) on the list.