U.S. home prices, including distressed sales, increased 5.7 percent in January 2015 compared with January 2014, according to a new report from real estate data and analytics provider CoreLogic.

This change represents 35 months of consecutive year-over-year increases in home prices nationally. On a month-over-month basis, home prices nationwide, including distressed sales, increased by 1.1 percent in January 2015 compared to December 2014.

Including distressed sales, 27 states and the District of Columbia are at or within 10 percent of their peak. Four states, New York (up 5.6 percent), Wyoming (up 8.3 percent), Texas (up 8.3 percent) and Colorado (up 9.1 percent), reached new highs in the home price index since January 1976 when the index starts. Massachusetts prices, however, remained 8.6 percent below their 2005 peak, according to CoreLogic.

Excluding distressed sales, home prices increased 5.6 percent in January 2015 compared with January 2014 and increased 1.4 percent month over month compared to December 2014. Also excluding distressed sales, all states and the District of Columbia showed year-over-year home price appreciation in January. Distressed sales include short sales and real estate owned transactions.

CoreLogic predicted that home prices, including distressed sales, will increase 0.4 percent month over month from January 2015 to February 2015 and, on a year-over-year basis, by 5.3 percent from January 2015 to January 2016. Excluding distressed sales, the firm said it expects prices to increase 0.3 percent month over month from January 2015 to February 2015 and by 4.9 percent year over year from January 2015 to January 2016. CoreLogic derives its forecasts from the CoreLogic Home Price Index and other economic variables. Values are derived from state-level forecasts by weighting indices according to the number of owner-occupied households for each state.

"House price appreciation has generally been stronger in the western half of the nation and weakest in the mid-Atlantic and northeast states," Frank Nothaft, chief economist at CoreLogic, said in a statement. "In part, these trends reflect the strength of regional economies. Colorado and Texas have had stronger job creation and have seen 8 to 9 percent price gains over the past 12 months in our combined indexes. In contrast, values were flat or down in Connecticut, Delaware and Maryland in our overall index, including distressed sales."

"We continue to see a strong and progressive uptick in home prices as we enter 2015. We project home prices will continue to rise throughout the year and into 2016," Anand Nallathambi, president and CEO of CoreLogic, said in a statement. "A dearth of supply in many parts of the country is a big factor driving up prices. Many homeowners have taken advantage of low rates to refinance their homes, and until we see sustained increases in income levels and employment they could be hunkered down, so supplies may remain tight."

Including distressed sales, the five states with the highest home price appreciation were Colorado (9.1 percent), Michigan (9 percent), Texas (8.3 percent), Wyoming (8.3 percent) and Nevada (7.6 percent). Massachusetts ranked 17th, with a home price appreciation of 5.8 percent.

Excluding distressed sales, however, the Bay State ranked fourth among all states for home price appreciation, with prices rising 7.7 percent. The other top five states with the highest home price appreciation were Colorado (8.1 percent), Nevada (7.9 percent), Texas (7.8 percent), and Oregon (7.4 percent).

Including distressed sales, only Maryland and Connecticut showed price declines, with values dropping -0.3 percent and -1.9 percent respectively. The five states with the largest peak-to-current declines, including distressed transactions, were Nevada (-35.3 percent), Florida (-32.6 percent), Rhode Island (-29.9 percent), Arizona (-28.6 percent) and Connecticut (-24.8 percent).

Ninety-four of the top 100 largest metro areas as tracked by the U.S. Census showed year-over-year increases in January 2015. The six metros that showed year-over-year declines were New Orleans; Bridgeport-Stamford-Norwalk; Rochester, N.Y.; Baltimore, Md.; Wilmington, Del.; and Hartford.