Dive summary:
- Real estate data-cruncher CoreLogic says that it sees housing as up solidly enough this year that there will be a net gain, even if the fourth quarter has a bigger decline than is expected.
- The company's Market Pulse report notes that housing has become a net contributor to GDP.
- CoreLogic said its August price index for homes was up in 44 out of 50 states, showing that the housing recovery in broadening.
From the article:
Even as the housing market cools heading into the winter, Fleming believes gains made in the first part of the year were significant enough to make the 2012 housing recovery durable. ...