The forecast for all of 2016 is to see home values rise 5.4 percent year-over-year.

The adage "all real estate Is local"  is relevant here. "Some metropolitan areas have had double-digit appreciation, such as Denver and Naples, Florida, while others have had price declines, like New Orleans and Rochester, New York," said Dr. Frank Nothaft, Chief Economist for CoreLogic.

Please ask your local real estate professional for specific data on your location and type of home. To download the entire report click HERE.