Home sales prices in the Manatee-Sarasota region were up more than 6 percent in April from a year earlier, according to CoreLogic’s Home Price Index. Statewide, year-over-year sales prices surged 6.4 percent in April, while nationwide that increase was 6.9 percent. Two states – Washington (12 percent) and Utah (10.1) – saw double-digit increases. Florida ranked 12th nationally in price gains, trailing only Alabama (6.6 percent) among states in the Southeast. CoreLogic forecasts home prices will have a slow but steady rise – increases of 5.1 percent by April 2018 and 0.7 percent from April to May this year.
