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Stockton, Modesto home price increases higher than national rate | Business

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Stockton, Modesto home price increases higher than national rate
Stockton, Modesto home price increases higher than national rate

Home prices in December in Modesto and Stockton increased year over year at a rate higher than the national average, according to a report released Tuesday by CoreLogic.

"We are heading into 2013 with home prices on the rebound," said Anand Nallathambi, president and CEO of CoreLogic. "The upward trend in home prices in 2012 was broad based with 46 of 50 states registering gains for the year. All signals point to a continued improvement in the fundamentals underpinning the U.S. housing market recovery."

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