Home Prices Slipped In December, CoreLogic Says

Home prices slipped 0.1% in December, to take the year-on-year rate to 5%, CoreLogic said Tuesday. Twenty-seven states and the District of Columbia are at or within 10% of their peak, CoreLogic said. California (8.4%), Texas (7.8%) and New York (7.6%) saw the fastest growth, while only three states -- Maryland (-0.7%), Vermont (-0.9%) and Connecticut (-2.2%) -- saw a decline on a year-on-year basis.