Now's the time to sell: Orlando home prices continue to increase!

Orlando-area home prices increased by 6.9 percent in June compared with June 2015, according to a new report by CoreLogic. Orlando's home price surge was better than the nationwide year-over-year average, which saw an increase of 5.7 percent.

Orlando-area home prices also saw a month-over-month growth, increasing by 0.8 percent compared with May. Statewide, Florida ranked No. 6 in year-over-year home price increase at 7 percent. Oregon and Washington came in at No. 1 and 2 at 10.9 percent and 10.3 percent, respectively. Other Realtor associations also have reported an upward trend in home prices.

Further, experts expect the increase to continue: The CoreLogic Home Price Index Forecast predicts that home prices will increase nationally by 5.3 percent on a year-over-year basis from June 2016 to June 2017.

Other positive trends, such as the region's low home inventory, are signs that Central Florida's real estate market is steadily making its way back to pre-recession levels.  - Emma Skeels, Reporter @ the Orlando Business Journal.