First American CoreLogic Releases November 2007 LoanPerformance House Price Index
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First American CoreLogic, a member of The First American Corporation (NYSE:FAF) family of companies and a leader in residential mortgage data and analytics for the mortgage industry and Wall Street, today announced the release of its November 2007 LoanPerformance Home Price Index (HPI).
The LoanPerformance HPI provides a comprehensive set of monthly home price indices and median sales prices covering 7,462 ZIP codes, 956 Core Based Statistical Areas (CBSA) and 662 counties located in all 50 states and the District of Columbia. The indices, which are the most comprehensive available in the industry, are reported to clients five weeks after each full month ends. (For a state-by-state map, visit www.loanperformance.com/assets/images/pr0108_image_lg_ch.jpg).
“The latest LoanPerformance HPI release reveals that, although real estate in key markets like California, Florida, Nevada and Arizona continue to exhibit home price depreciation, 31 states show HPI gains over the past 12 months,” said Damien Weldon, vice president, collateral and prepayment analytics for First American CoreLogic.
12-Month Change by Top CBSAs (Core Based Statistical Areas) as of November 2007
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Source: LoanPerformance HPI, Single Family Detached Series as November 2007