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Nov-20-2013 15:48printcomments

CoreLogic® Releases November MarketPulse Report

—Report Examines U.S. Residential Mortgage Performance—

Corelogic Nov 2013 MarketPulse report
To view additional content, please visit the CoreLogic Insights Blog: http://www.corelogic.com/blog.

(IRVINE) - CoreLogic® (NYSE: CLGX), a leading residential property information, analytics and services provider, today released its November MarketPulse report. In this report, CoreLogic economists discuss significant trends in residential mortgage performance in 2013.

Key findings in the CoreLogic November MarketPulse report include:

  • The serious delinquency rate (90 or more days delinquent, in foreclosure or real-estate owned) peaked at 8.5 percent in January 2010 and has since declined to 5.4 percent as of July 2013.
  • Residential investment grew by 15.3 percent and spending on furnishings and durable goods grew by 7.3 percent in the latest quarter, but the total dollar amount of these components was too small to move the growth in housing-related GDP.
  • Home prices in September increased 0.2 percent, which is much slower than the 2- percent monthly growth rate experienced in the spring.

MarketPulse article content consists of a selection of recently published research, analytics and commentary. To view additional content, please visit the CoreLogic Insights Blog: http://www.corelogic.com/blog.

For a full copy of the CoreLogic November MarketPulse report, including a complete set of data and charts, visit http://www.corelogic.com/downloadable-docs/MarketPulse_2013-November.pdf.

Source: CoreLogic, a leading property information, analytics and services provider in the United States and Australia.

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