EL CENTRO, Calif. – Home prices in El Centro rose by 10.1 percent in June compared to last year, that’s according to new data released by Corelogic on Tuesday.
Corelogic also said home prices increased by 1.6 percent in June compared to May of this year.
Meanwhile, Corelogic reports national home prices increased by 5.7 percent in June 2016 compared to June 2015. The Corelogic home price forecast also indicates that home prices are expected to increase by 5.3 percent from June of this year to June of next year.
The forecast also projects that home prices will rise by 0.6 percent on a month-over-month basis from June to July of this year.