Black Knight Financial Services recently released their July, 2017 Home Price Index (HPI) report that says that U.S. home prices were up 6.2% year over year in July and up 0.5% for the month. The HPI value for July was $281k – same as June and the first time all year it hasn’t increased. In addition, home prices in eleven of the nation’s 20 largest states reached new highs; Georgia, Indiana, Massachusetts, Missouri, New York, Ohio, Pennsylvania, Tennessee, Texas, Washington and Wisconsin. 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 Black Knight.
