Posted To: MND NewsWire
Black Knight Financial Services put a coda on home price reports for June while CoreLogic opened the next round for July. Both report another round of strong price gains during their respective periods. Black Knight says its national-level Home Price Index (HPI) set another new record in June , rising 0.9 percent from May and 6.2 percent year-over-year. The Index is now at $281,000. Home prices increased by 5.5 percent for the year-to-date through June. While the 6.2 percent annual increase marks an acceleration from May's year-over-year gain of 6.1 percent, the rate of monthly appreciation is down 0.2 percentage point from May. It is the first time that measure has been lower than 1.0 percent since February. May to June gains were posted in all 50 states with Michigan and Wisconsin leading...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/2iYV2pW
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