Home prices will increase 4.7% in the next year, says new CoreLogic estimate

Home prices will increase by 4.7% on a year-over-year basis from April 2019 to April 2020, according to a CoreLogic estimate. That will be a faster pace than the 3.6% gain in the prior year, the report said. CoreLogic’s projection is above forecasts by the Mortgage Bankers Association, Fannie Mae and the National Association of Realtors.