Black Knight Financial Services recently released their March, 2017 Home Price Index (HPI) reporting that U.S. home prices were up 5.8% year over year in March and up 1.3% for the month. The HPI value for March was $272k – a new peak! In addition, home prices in eight of the nation’s 20 largest states reached new peaks; Indiana, Massachusetts, New York, North Carolina, Pennsylvania, Tennessee, Texas and Washington. The Black Knight HPI utilizes repeat sales data from the nation’s largest public records data set, as well as its market-leading, loan-level mortgage performance data, to produce one of the most complete and accurate measures of home prices available for both disclosure and non-disclosure states.
Click here to read the full report at BKFS.com.
