Skip to main content

Black Knight: Home Prices Continue Upward Movement

Phil Hall
Jul 25, 2016
Home prices in May saw a 1.1 percent increase from April and a 5.4 percent jump from May 2015, according to the latest Black Knight Home Price Index Report

Home prices in May saw a 1.1 percent increase from April and a 5.4 percent jump from May 2015, according to the latest Black Knight Home Price Index Report.

Black Knight also reported that at $263,000, its index is just 1.8 percent shy of its June 2006 peak. All 50 states experienced positive year-over-year home price growth in May, with Idaho and North Dakota leading with a 1.9 percent and 1.8 percent increase, respectively. Six states hit home price peaks during May: Indiana ($149,000), Massachusetts ($368,000), New York ($356,000), Tennessee ($186,000), Texas ($225,000) and Washington ($332,000).

Portland, Ore., saw the greatest year-over-year growth among major metro areas with a 13.2 percent spike, followed by Seattle at 11.3 percent and Denver at 11.2 percent. Fifteen metro markets reached new peaks in May, most notably San Jose at $920,000 and San Francisco at $771,000.

Published
Jul 25, 2016
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021
Gateway Mortgage Surpasses 165 Mortgage Centers With 10 New Additions

Gateway Mortgage reported significant growth in the company, prompting it to open 10 new locations across Colorado, Idaho, Oklahoma, Texas, Oregon, and Wyoming.

Industry News
Jul 30, 2021
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021