Find Real Estate Agents and Homes for Sale


Real Estate News --> Utah News

Baton Rouge homes prices rise 4.2% year-over-year in December


Utah and Washington posting the largest gains. CoreLogic expects home prices to continue rising this year, increasing by at least 4.3% by the end of 2018. The forecast is based on the index as well as other economic variables. “The number of homes for ...


Archived Story

The average price of single-family homes in Baton Rouge, including distressed sales, gained traction in December, rising 4.2% year-over-year, according to CoreLogic’s latest Home Price Index and HPI ForecastOn a month-by-month basis, however, home prices were down 0.1% The index—which CoreLogic revises and releases at the beginning of each month—shows Louisiana home prices were up 5.1% in December Nationwide, home prices were up about 6.6% year-over-year in December, with states like California, Idaho, Nevada, Utah and Washington posting the largest gains CoreLogic expects home prices to continue rising this year, increasing by at least 4.3% by the end of 2018The forecast is based on the index as well as other economic variables “The number of homes for sale has remained very low,” says Frank Nothaft, CoreLogic chief economist“Job growth lowered the unemployment rate to 4.1 percent by year’s end, the lowest level in 17 yearsRising income and consumer confidence has increased the number of prospective homebuyersThe net result of rising demand and limited for-sale inventory is a continued appreciation in home prices.” In a separate report, the Greater Baton Rouge Association of Realtors says the average home sale price increased 14.8% in December to $224,427, up from $195,560 in December 2016. See the full GBRAR report  There are no commentsClick to add your thoughts! if ( document.body.clientWidth = 768 && document.body.clientWidth

Trending Utah News:


  • Pollution in 2 Utah cities reclassified as 'serious'
  • 6 Palatial Park City Homes Ready for Their Sundance Fest Close-Up
  • 2018 Best of Utah Real Estate
  • Fire burns close to Sandy homes
  • Utah Jazz Out Last Phoenix Suns; 112-105
  • Timeline of Mitt Romney's political career amid potential run in Utah
  • Child abuser who assaulted his teenage wife in Warren Jeffs' polygamous cult is given a bargain basement house by Utah after being released from jail
  • Utah forfeitures totaled $2.08M in 2010
  • Brown Advisory Securities LLC Invests $201,000 in HCP Inc. (HCP)
  • Jon Huntsman buys Fred Thompson’s house in Virginia
  • Top state Utah official raises specter of 'double decker' I-15
  • Bountiful, UT Homes For Sale & Real Estate
  • Former UTA board member faces fraud, embezzlement claims
  • Southern Utah wildfire grows, crews make slight gains
  • 4 women synonymous with Utah business
  • Paul Rolly: Utah fan? Utah man? Crowd was left to improvise
  • Wildlife crossing work on U.S. 6 wins national award
  • Are we headed for a double-dip? Utah economists don't think so
  • Top 10 design trends in 2017 Utah Valley Parade of Homes
  • Impact of flood insurance hikes on Utah unclear