Overview CoreLogic analysis suggests that Florida markets are continuing to fall out of favor while western New York is gaining popularity. Our economists anticipate further price deceleration in 2025, although recent improvements in mortgage rates may spur homebuying this spring. National home price growth is flat on a monthly basis. Annual home price growth is tracking just above inflation. Florida and Arizona top the charts for markets where the risk of price decline is very high. CoreLogic HPI features deep, broad coverage, including non-disclosure state data. The index is built from industry-leading real-estate public record, servicing, and securities databases—including more than 40 years of repeat-sales transaction data—and all undergo strict pre-boarding assessment and normalization processes. CoreLogic HPI and HPI Forecasts both provide multi-tier market evaluations based on price, time between sales, property type, loan type (conforming vs. non-conforming) and distressed sales, helping clients hone in on price movements in specific …
Unlock MLS becomes first in the nation to launch AI-powered Matrix 12.5 with CoreLogic
Innovative program provides cutting-edge technology designed for greater efficiency and streamlining workflow for agents AUSTIN, Texas – Today, Unlock MLS launched a new, AI-powered Matrix™ experience developed by CoreLogic® that will streamline agent workflows and improve client collaboration. The Matrix 12.5 platform includes three major system updates—Listing Manager with AI, Matrix CMA Manager and OneHome™. As the first MLS in the country to offer this Matrix technology suite, Unlock MLS is leading the industry in innovation. “At Unlock MLS, our priority is providing professional agents with the most advanced tools to stay ahead in an evolving market,” said Emily Chenevert, CEO of Unlock MLS and the Austin Board of REALTORS®. “With this launch, we’re delivering the most innovative version of Matrix nationwide—enhancing efficiency, streamlining workflows and strengthening client collaboration. Our commitment is to equip our subscribers with the latest technology that gives them a competitive edge and positions them as …
Clareity25: Quick Recap – Dare Greatly
Once again – even after a quarter of a century – Clareity25 MLS workshop did not disappoint. The venue at the Westin Kierland Resort in Scottsdale was fantastic. The rooms were great, those who played in the Monday golf scramble had all they could handle, and the evening outdoor receptions were terrific. The conference’s theme was “Dare Greatly,” and together, more than 300 attendees did just that. Kudos to the team at CoreLogic for hosting a polished and professional event. Clareity followed its customary format: optional golf or alternative adventures on Monday, Welcome Reception on Monday night, a full day of sessions on Tuesday followed by an evening reception celebration, and a half day of meetings on Wednesday – a perfect schedule. Clareity workshop founder Gregg Larson kicked off the event with this technology and trends update. He had fresh content from CES, covering a remarkable list of innovative products …
December Annual Price Growth Reverses Course, Up 3.9% YOY
US CoreLogic S&P Case-Shiller Index shows housing market malaise persists in the Southeast, but large metros like Boston, Miami, and Chicago maintain price power This December both sellers and buyers took a step back as 2024 ended in a cooler fashion that is comparable to December 2023. The end of 2024 saw the share of de-listings increase to a level not seen since after the Great Financial Crisis, and the time homes spent on the market rose sharply, hitting the highest level since the onset of the pandemic. Although many housing market indicators are generally tracking pre-pandemic trends, there is a lot of trepidation and anticipation about the spring homebuying season. So far, early housing market indicators for 2025 suggest that the spring homebuying season may look very similar to 2024. Although the availability of more for-sale homes is a positive sign, buyers are increasingly cautious amid economic apprehension, policy …
US Single-Family Rent Index – February 2025
Annual U.S. rent growth increased at the lowest rate in about four years in December 2024, climbing just 1.8% year over year. Rent growth slowed throughout 2024 after being frontloaded at the beginning of the year. Washington, DC, saw the highest increase year-over-year in December, while Detroit fell into the number two slot. Click here to read CoreLogic’s full SFRI report with December 2024 data, featuring commentary from Principal Economist Molly Boesel. All archived SFRI reports are available at this home page, while regular housing market reports and blog posts from CoreLogic’s Office of the Chief Economist can be found here.
New Tariffs, Higher Costs — Who Really Pays the Price?
A Conversation With Jay Thies and Pete Carroll As the U.S. waits for the final decision on the fresh tariffs imposed on Canadian, Mexican, and Chinese imports, the housing industry is bracing for the impact of this policy decision. With material costs already a growing concern, these new trade policies could send ripples through supply chains, development timelines, and affordability. Tariffs on steel, lumber, concrete and other key building materials have the potential to drive up construction costs, exacerbating an already tight housing market. Builders and developers may need to rethink sourcing strategies, while policymakers weigh the broader economic consequences of trade restrictions on inflation and consumer spending. From rising home prices to shifting supply chains, host Maiclaire Bolton Smith sits down with industry experts Pete Carroll CoreLogic’s, EVP of Public Policy and Industry Relations, and Jay Thies CoreLogic’s Vice President of Pricing Analysis and Delivery to explore the immediate …
2025 Severe Convective Storm Risk Report
The meteorologist on the news reported a hailstorm brewing with three-inch hail across northern Texas, central Oklahoma, and southern Nebraska. Almost immediately, the claims began. Some were clearly related to the current storm, but others raised suspicions of pre-existing hail damage. To prepare for the avalanche of claims, adjusters across the area began calculating the number of impacted roofs, but the data just wasn’t accurate enough — yet. That left many worried about the long-term impact of the storm. After all, it was only the start of the season, and underwriting ratios were already in the red. Granular analysis from our vast repository of macro seasonal trends and potential worst-case scenarios are already helping insurers decode the risk associated with the upcoming severe convective storm season. We synthesize our insights to make it simple to evaluate future potential losses and model profitability. While severe convective storm activity is a year-long …
Why Is Flood Risk Surpassing Fire Risk in California?
Chart of the Month — February 2025 Overview By 2050, over 1 million homes in Los Angeles, San Diego, and San Francisco with low flood risk will see their flood risk rise higher than their fire risk. Flood risk increases in areas recently burned by wildfire. Even without assuming worst-case climate scenarios, homes with very low flood risk will have risk increase by 40 points or more by 2050. Risks from natural hazards can be interdependent. The fires in Los Angeles this January followed two years of wet winters which encouraged the vegetation growth that became wildfire fuel. Now, the metro’s burned areas lack the vegetation that can absorb water, making them more vulnerable to flood. This cycle is one that repeats itself across California, but each area of the state faces a different level of risk. And that risk is not trivial. In Los Angeles, San Diego, and San …
10 Markets Where Gen Z Can Buy a Home
Gen Z Homeownership is Highest in the Midwest for 2024 Gen Z accounted for 13% of home purchase applications. Midwest markets had a higher share of Gen Z homebuyers in 2024. Many Gen Z homebuyers are single, but about 45% of the applicants had co-applicants in 2024. The unprecedented rise in home prices and elevated mortgage rates that have dominated the market since 2021 have significantly impacted housing affordability, particularly for younger buyers. Despite these challenges, Gen Z is managing to enter the housing market. According to the CoreLogic Loan Application Database, this generation’s share of home-purchase applications accounted for 13% of total applications in 2024, a three-percentage point increase from 2023.1 Their presence in the market is expected to grow in the coming years. Where Can Gen Z Buy a Home? Gen Z represents a higher proportion of homebuyers in Midwestern markets but a lower proportion in more expensive …