Fort Worth-Arlington home prices rose 8.6 percent in January from a year ago, according to the latest CoreLogic Home Price Index released Tuesday.
Home prices nationwide increased 12 percent in January in the index, which shows 23 months of consecutive year-over-year increases, CoreLogic said.
Texas, Louisiana and Nebraska set new record high home prices peaks in January, the report said.
"Polar vortices and a string of snow storms did not manage to weaken house price appreciation in January," said Mark Fleming, CoreLogic’s chief economist. "The last time January month-over-month and year-over-year price appreciation was this strong was at the height of the housing bubble in 2006."
Anand Nallathambi, CoreLogic’s CEO, said home prices should continue to increase, particularly in the spring selling season.
“Excluding distressed sales, all 50 states and the District of Columbia showed year-over-year home price appreciation for January. "
_ Sandra Baker