"The pace of home price increases stayed strong in April with prices up 12.1% year-over-year, CoreLogic says.
The annual increase is the biggest in more than seven years. Prices were up 3.2% in April from March.
"Increasing demand … coupled with low inventory, has created a
virtuous cycle for price gains, says Mark Fleming, CoreLogic chief
economist, noting that home price growth continues to "surprise to the