Black Knight Financial Services released their Home Price Index (HPI) report for July showing home prices were up 0.4% from June and up 5.3% from one year ago. Currently at $266K, the U.S. HPI has risen over 33% from the market’s bottom and is now within just 0.8% of a new national peak. The report also shows that home prices in nine of the nation’s 20 largest states and 14 of the 40 largest metros hit new peaks in July.
Click here to read the full report at Black Knight.