Nationally, home prices have increased on a year-over-year substructure by over 8 percent. This statistic marks the price advancement in December 2012, and exhibits the largest increase since 2006. Monthly, the average was less than a 1 percent increase. Home prices in January 2013 were expected to rise close to 8 percent from a year ago. Relatedly, home prices were predicted to fall by 1 percent on a month-over-monthly basis; this statistic was from December 2012, to January.

According to Mark Fleming, chief economist for CoreLogic, "December marked 10 consecutive months of year-over-year home price improvements, and the strongest growth since the height of the last housing boom…we expect price growth to continue in January…"

December 2012 marked some substantial gains and highlights in Nevada real estate. Items of mention are: Nevada being included in the group of states with the highest home price appreciation (up 15.3 percent), and excluding distressed sales, being grouped with the states having highest home prices appreciation (up 14.7 percent). Nevada is down 52.4 percent in peak-to-current declines (including distressed transactions); peak-to-current change.

The peak-to-current shift int the national HPI was down almost 27 percent. This average was inclusive of the time period between April 2006 up to December 2012.