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Orlando home prices rise 13.8 percent in May

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Metro Orlando home prices continued their upward climb in May, increasing 13.8 percent compared to May 2012, including distressed sales, according to CoreLogic. The Santa Ana, Calif.-based company (NYSE: CLGX) also reported a 2.7 percent month-over-month increase from April. Excluding distressed sales, year-over-year prices rose 12.9 percent in May when compared to the same time last year, while month-over-month prices, excluding distressed sales, increased by 3.1 percent from April to May. On… Reported by bizjournals 14 hours ago.

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