Home prices finished 2013 up 11.5% for the year, marking the best performance since 2005, market researcher CoreLogic predicts.
Its latest data shows prices were 11.8% higher in November year over year and up 0.1% from October.
However, prices will dip slightly in December from November, it says.
With last year's strong gains, home prices are now at new peaks or within 10% of previous peaks in 21 states and Washington D.C., according to CoreLogic.
Many economists predict smaller home price gains for this year, as credit remains tight, interest rates rise and as new mortgage rules take hold.
In November, the five states with the highest home price appreciation were Nevada, up 25.3% year over year; California, up 21.3%; Michigan, 14.4%; Arizona, 13.5% and Georgia, 13.3%.
The only state to show depreciation was Arkansas, down 1.1% year over year.
CoreLogic's figures aren't adjusted for seasonal variations, such as cold winter weather that slows sales.
Article curated from USA Today
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