The national home price index from Black Knight Financial hit a new peak in June, with a 5.5% rise since the start of the year, a 0.9% gain in the month and a 6.2% rise year over year
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The national home price index from Black Knight Financial hit a new peak in June, with a 5.5% rise since the start of the year, a 0.9% gain in the month and a 6.2% rise year over year.
The mortgage data and analytics division of Black Knight reported that all 50 states saw monthly gains led by Michigan (1.9%) and Wisconsin (1.8%). New York (1.7%), Vermont (1.5%), New Hampshire (1.4%) and Rhode Island (1.4%) complete the top 5.
The greatest appreciation of all metro areas, for the second straight month, was Carson City, Nevada where home prices gained 2.2%. The other metros gaining by at least 2% were Detroit, MI ( 2.1%), Ithaca, NY (2.0%), Milwaukee, WI (2.0%) and Buffalo, NY (2.0%).
The current HPI value nationwide is $281,000, almost 41% above the trough of January 2012.
Among the nation’s 40 largest metros, Las Vegas, Nev., Nashville, Tenn. and Seattle, Wash. have all seen year-over-year gains of 10 percent or higher; and 12 of the 20 largest states and 21 of the 40 largest metros hit new home price peaks in June.
The mortgage data and analytics division of Black Knight reported that all 50 states saw monthly gains led by Michigan (1.9%) and Wisconsin (1.8%). New York (1.7%), Vermont (1.5%), New Hampshire (1.4%) and Rhode Island (1.4%) complete the top 5.
The greatest appreciation of all metro areas, for the second straight month, was Carson City, Nevada where home prices gained 2.2%. The other metros gaining by at least 2% were Detroit, MI ( 2.1%), Ithaca, NY (2.0%), Milwaukee, WI (2.0%) and Buffalo, NY (2.0%).
The current HPI value nationwide is $281,000, almost 41% above the trough of January 2012.
Among the nation’s 40 largest metros, Las Vegas, Nev., Nashville, Tenn. and Seattle, Wash. have all seen year-over-year gains of 10 percent or higher; and 12 of the 20 largest states and 21 of the 40 largest metros hit new home price peaks in June.
