Black Knight Financial Services recently released their August, 2017 Home Price Index (HPI) report that says that U.S. home prices were up 6.24% year over year in August and up 0.24% for the month. The HPI value for August was $282k. Among the findings; Ten of the 20 largest states and 14 of the 40 largest metros hit new home price peaks in August 2017, representing smaller shares of each group than in recent months. 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 on BKFS.com.
