CoreLogic Releases May MarketPulse Report —Report Examines Factors Contributing to Increase in New Home Sales and Home-Price Rebound—
IRVINE, Calif., May 14, 2013 /PRNewswire/ -- CoreLogic® (NYSE: CLGX), a leading residential property information, analytics and services provider, today released its May MarketPulse report. In this report, CoreLogic Chief Economist Dr. Mark Fleming and Deputy Chief Economist Sam Khater examine factors contributing to the increase in residential investment and new home sales so far in 2013.
Key findings in the May MarketPulse report include:
- Residential investment and price increases are happening unevenly across the U.S.
- Most markets have reached consistent price recoveries in only the last year or two.
- Real estate recovery remains a local phenomenon.
- The supply dynamics between new homes for sale and foreclosure and short sale inventory are shifting.
- The recovery in new home sales is acting like a targeted economic stimulus package.
For a full copy of the May CoreLogic MarketPulse report, including a complete set of data and charts, visit http://www.corelogic.com/downloadable-docs/MarketPulse_2013-May.pdf.
CoreLogic (NYSE: CLGX) is a leading property information, analytics and services provider in the United States and Australia. The company's combined data from public, contributory, and proprietary sources includes over 3.3 billion records spanning more than 40 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, transportation and government. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic 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 visit www.corelogic.com.
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