Black Knight: Prices Up 2.3 Percent Year-to-Date

Posted To: MND NewsWire

Black Knight Financial Services (BK), released its Home Price Index (HPI) on Tuesday. It was in general agreement with the S&P CoreLogic Case-Shiller's National Index, released at about the same time, that prices rose 5.8 percent in March compared to a year earlier. Black Knight's index, however, put the month-over month gain at 1.3 percent, well above the 0.8 percent seasonally adjusted and 0.3 percent unadjusted Case-Shiller estimates. The BK national-level HPI stood at $272,000 in March, a new peak for home prices and marking a 2.3 percent increase since the start of the year. Washington State had the largest price gains for the second consecutive month. Prices there were up 2.2 percent from February. Washington was followed by Nebraska with a 1.9 percent rise in prices. Five states...(read more)

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