Local Home Prices Up Very Slightly

Good news for local property owners. Bay County homes prices are going up.

Bay Co.
Home Values*
Aug. 2011 - Aug. 2012 6.5%
July 2012 - Aug. 2012 .6%

U.S. Home Values
Aug. 2011 - Aug. 2012 4.6%
July 2012 - Aug. 2012 .3%


Corelogic released new data showing home prices in the local market rose by 6-and-a-half percent in August compared to this same time last year. And prices increased by a little more than a half a percent from July to August.

Bay Bounty's numbers were better than the national figures, which saw a 4-point-6 percent increase year-to-year, and point-3 percent from July to August.

Corelogic says it's research shows national home prices are expected to continue rising in September.

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