U.S. home prices climbing at fastest pace since 1977
- Including distressed sales home prices rose the most in Nevada, up 26.5% and fell the most in Mississippi, down 2.1%.
- Ex-distressed sales home prices climbed the most in Nevada, up 23.6%, and no state saw home prices fall.
- The peak-to-current decline in home prices, from April 2006 to June 2013, was 19%.
- The CoreLogic Pending home price index suggests that home prices will rise 12.5% on a YoY basis in July, and 1.8% on the month.