CoreLogic

Dallas-area home prices are up by less than the national average in another new housing report.

Growth in home prices continued wearing down affordability at the start of the season, preventing first-time buyers from entering the housing market.

CoreLogic has updated its Risk Quantification and Engineering tool amid California wildfires to include U.S. Wildfire and U.S. Severe Convective Storm models to support the mortgage and insurance industries in better assessing natural disaster risk.

Fewer Dallas-area homeowners are behind in their mortgage payments than at any time since the Great Recession.

Healthier economic conditions, more effective underwriting methods and recovering hurricane-impacted states helped drive delinquency and foreclosure rates to their lowest level in over 10 years, according to CoreLogic.

Housing demand is high, but few homeowners are interested in selling and the resulting inventory shortage continues to drive home prices higher.

Dallas-area home prices are up 7.8% from a year ago in the latest national comparison by CoreLogic.

The Southern California median home price surged 8.2% in May from a year earlier, hitting a new all-time high of $530,000, according to a report from CoreLogic.

Resale inventory is at its lowest level in 18 years and new construction supply continues being outpaced by high demand, according to CoreLogic.

Los Angeles and Inland Empire house prices increased by more than 8% for the second month in a row in April, the CoreLogic Home Price Index showed.