Tag Archives: Home Price Index

Black Knight Financial Services' Data and Analytics division released its July 2015 Home Price Index report, finding that U.S. home prices were up 0.4 percent for the month, and have gained 5.3 percent from one year ago.

Low mortgage rates and stronger consumer confidence are driving home sales and home prices upward, according to CoreLogic's July 2015 Home Price Index Report.

Black Knight Financial Services, a provider of integrated technology, data, and analytics solutions that facilitate and automate many of the business processes across the mortgage life cycle Data & Analytics division released its Home Price Index (HPI) today finding that U.S. home prices were up 1 percent for the month of April, rising 4.9 percent on a year-over-year basis.

The housing market is showing no signs of slowing down as new single-family home sales in May 2015 rose 2.2 percent to a seasonally adjusted annual rate of 546,000, the highest rate since February 2008, according to new residential sales data released jointly today by the U.S. Census Bureau and HUD.

Black Knight’s Data and Analytics division released its monthly Home Price Index (HPI) report today that is based on March 2015 residential real estate transactions, revealing that home prices have seen their largest monthly gain since 2013.

According to the report, home prices were up 5.6 percent nationwide compared to February 2014. Month-over-month, home prices nationwide increased by 1.1 percent, compared to January.

In their monthly Mortgage Monitor Report, Black Knight reports the number of potential refinance candidates currently sits at 7.1 million, a substantial increase form just 4.1 million potential borrowers in February 2014. However, Black Knight’s SVP of Loan Data Products, Trey Barnes, says that number is fragile. According to Barnes, any increases in mortgage rates could cause that number to drop, even marginally.

Home prices nationwide remain 12.9 percent below the peak of April 2006. Home prices, excluding distressed sales, were 8.6 percent below the peak. Maryland and Connecticut were the only states which showed negative home price appreciation. Four states including Colorado, Texas, New York, and Wyoming hit new state highs for their growth in home appreciation.

Black Knight Financial Services released its latest Home Price Index Report Monday, which showed that home prices nationwide were down an almost-flat 0.1 percent in December. At the same time, 2014 ended with sale prices doing 4.5 percent better than a year prior.