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NC home prices drop 2 percent

North Carolina home prices fell 2 percent in February from a year ago, according to Santa Ana, Calif.-based CoreLogic.

The figure includes distressed sales. Prices for nondistressed sales rose 1.5 percent in the state.

National home prices, including distressed sales, declined 6.7 percent. Excluding distressed sales, prices fell 0.1 percent.

Over the year, Idaho saw the largest drop in home prices, 14.6 percent, including distressed sales. West Virginia had the largest increase in prices, 5.4 percent, including distressed sales.

According to CoreLogic’s February home price index, home prices in the U.S. declined for the seventh month in a row.

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