Dive Brief:

• The Housing Price Index compiled by CoreLogic ended 2013 with December up 11% above December 2012 for all single-family home sales and 9.9% above if distressed sales are filtered out.
• Ten states and the District of Columbia hit the highest indexes they have ever seen.
• Nonetheless, CoreLogic figures the national price index is 18% below the April 2006 peak.

Dive Insight:

The 18%-below-maximum data may or may not calm those who fear the housing market is creeping into bubble territory in at least some states. The numbers prove the housing recovery is now on solid ground "after six years of fits and starts," CoreLogic CEO Anand Nallathambi said. The company also thinks that prices will begin to climb less drastically because the rising prices will bring reluctant sellers into the market, increasing supply.