Black Knight Financial Services released their Home Price Index (HPI) report for August showing home prices were up 0.3% from July 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 0.7% of a new national peak. The report also shows that home prices in nine of the nation’s 20 largest states and 9 of the 40 largest metros hit new peaks in August…..Almost a carbon copy of July’s report.
Click here to read the full report at Black Knight Financial Services.
