CoreLogic® September Home Price Index Rises 5 Percent Year-Over-Year

     CoreLogic® September Home Price Index Rises 5 Percent Year-Over-Year

--Pending HPI Forecasts 5.7 Percent Year-Over-Year Increase for October--

PR Newswire

IRVINE, Calif., Nov. 6, 2012

IRVINE, Calif., Nov. 6, 2012 /PRNewswire/ --CoreLogic® (NYSE: CLGX), a
leading provider of information, analytics and business services, today
released its September Home Price Index (HPI®) report. Home prices nationwide,
including distressed sales, increased on a year-over-year basis by 5 percent
in September 2012 compared to September 2011. This change represents the
biggest increase since July 2006 and the seventh consecutive increase in home
prices nationally on a year-over-year basis. On a month-over-month basis,
including distressed sales, home prices decreased by 0.3 percent in September
2012 compared to August 2012*. The HPI analysis from CoreLogic shows that all
but seven states are experiencing year-over-year price gains.

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Excluding distressed sales, home prices nationwide also increased on a
year-over-year basis by 5 percent in September 2012 compared to September
2011. On a month-over-month basis excluding distressed sales, home prices
increased 0.5 percent in September 2012 compared to August 2012, the seventh
consecutive month-over-month increase. Distressed sales include short sales
and real estate owned (REO) transactions.

The CoreLogic Pending HPI indicates that October 2012 home prices, including
distressed sales, are expected to rise by 5.7 percent on a year-over-year
basis from October 2011 and fall by 0.5 percent on a month-over-month basis
from September 2012 as sales exhibit a seasonal slowdown going into the
winter. Excluding distressed sales, October 2012 house prices are poised to
rise 6.3 percent year-over-year from October 2011 and by 0.2 percent
month-over-month from September 2012. The CoreLogic Pending HPI is a
proprietary and exclusive metric that provides the most current indication of
trends in home prices. It is based on Multiple Listing Service (MLS) data that
measure price changes for the most recent month.

"Home price improvement nationally continues to outpace our expectations,
growing 5 percent year-over-year in September, the best showing since July
2006," said Mark Fleming, chief economist for CoreLogic. "While prices on a
month-over-month basis are declining, as expected in the housing off-season,
most states are exhibiting price increases. Gains are particularly large in
former housing bubble states and energy-industry concentrated states."

"Home prices are responding to better market fundamentals, such as reduced
inventories and improved buyer demand," said Anand Nallathambi, president and
CEO of CoreLogic. "So far this year, we're seeing clear signs of stabilization
and improvement that show promise for a gradual recovery in the residential
housing market."

Highlights as of September 2012:

  oIncluding distressed sales, the five states with the highest home price
    appreciation were: Arizona (+18.7 percent), Idaho (+13.1 percent), Nevada
    (+11.0 percent), Hawaii (+8.9 percent) and Utah (+8.7 percent).
  oIncluding distressed sales, the five states with the greatest home price
    depreciation were: Rhode Island (-3.5 percent), Illinois (-2.3 percent),
    New Jersey (-1.8 percent), Alabama (-1.3 percent) and Delaware (-0.5
  oExcluding distressed sales, the five states with the highest home price
    appreciation were: Arizona (+14.0 percent), Idaho (+10.5 percent), Nevada
    (+9.5 percent), Montana (+8.5 percent) and California (+8.4 percent).
  oExcluding distressed sales, this month only four states posted home price
    depreciation: Alabama (-3.1 percent), New Jersey (-1.6 percent), Delaware
    (-1.4 percent) and Rhode Island (-1.3 percent).
  oIncluding distressed transactions, the peak-to-current change in the
    national HPI (from April 2006 to September 2012) was -27.0 percent.
    Excluding distressed transactions, the peak-to-current change in the HPI
    for the same period was -20.4 percent.
  oThe five states with the largest peak-to-current declines, including
    distressed transactions, are Nevada (-53.9 percent), Florida (-44.7
    percent), Arizona (-41.7 percent), California (-37.2 percent) and Michigan
    (-35.0 percent).
  oOf the top 100 Core Based Statistical Areas (CBSAs) measured by
    population, 18 are showing year-over-year declines in September, nine
    fewer than in August.

*August data was revised. Revisions with public records data are standard, and
to ensure accuracy, CoreLogic incorporates the newly released public data to
provide updated results.

Table 1: September HPI for the Country's Largest CBSAs by Population
(Sorted by Single Family Including Distressed)

Table 2: September National and State HPI
(Sorted by Single Family Including Distressed)

Figure 1: Home Price Index
Percentage Change Year-Over-Year

Map 1: Single-Family Combined Series
12-Month Change by State

Map 2: Single-Family Combined Excluding Distressed Series
12-Month Change by State

The CoreLogic HPI incorporates more than 30 years' worth of repeat sales
transactions, representing more than 65 million observations sourced from
CoreLogic industry-leading property information and its securities and
servicing databases. The CoreLogic HPI provides a multi-tier market evaluation
based on price, time between sales, property type, loan type (conforming vs.
nonconforming) and distressed sales. The CoreLogic HPI is a repeat-sales index
that tracks increases and decreases in sales prices for the same homes over
time, including single-family attached and single-family detached homes, which
provides a more accurate "constant-quality" view of pricing trends than basing
analysis on all home sales. The CoreLogic HPI provides the most comprehensive
set of monthly home price indices available covering 6,783 ZIP codes (58
percent of total U.S. population), 623 Core Based Statistical Areas (86
percent of total U.S. population) and 1,188 counties (84 percent of total U.S.
population) located in all 50 states and the District of Columbia.

Source: CoreLogic
The data provided is for use only by the primary recipient or the primary
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interpretation of the data, contact Lori Guyton at or Bill
Campbell at Data provided may not be modified without
the prior written permission of CoreLogic. Do not use the data in any
unlawful manner. This data is compiled from public records, contributory
databases and proprietary analytics, and its accuracy is dependent upon these

About CoreLogic
CoreLogic (NYSE: CLGX) is a leading residential property information,
analytics and services provider in the United States and Australia. Our
combined data from public, contributory and proprietary sources spans over 700
million records across 40 years including detailed property records, consumer
credit, tenancy, hazard risk and location information.The markets CoreLogic
serves include real estate and mortgage finance, insurance, capital markets,
transportation and government.We deliver value to our clients through unique
data, analytics, workflow technology, advisory and managed services.Our
clients rely on us to help identify and manage growth opportunities, improve
performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic
operates in seven countries.For more information, please

CORELOGIC, the stylized CoreLogic logo and HPI are registered trademarks owned
by CoreLogic, Inc. and/or its subsidiaries. No trademark of CoreLogic shall be
used without the express written consent of CoreLogic.

SOURCE CoreLogic

Contact: Real estate industry and trade media: Bill Campbell, +1-212-995-8057
(office), +1-917-328-6539 (mobile),; General news
media: Lori Guyton, +1-901-277-6066,
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