Black Knight: Home prices up 0.9% for April

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Black Knight’s Home Price Index report for April showed a modest 1% increase from March, while year-over-year prices were up nearly 5%. In addition, home prices are up 3% from the beginning of the year and are up just under 24% since the market hit bottom in the beginning of 2012.

Home prices nationally rose 0.9% in April, which is up 6.4% year-over-year, according to the most comprehensive and latest report from Black Knight Financial Services. The report is based on April.

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Black Knight Home Price Index Report: April Transactions — U.S. Home Prices Up 1.0 Percent for the Month; Up 5.4 Percent Year-Over-Year – At $260K, the U.S. HPI is up 30.4 percent from the market.

Black Knight Home Price Index Report: April Transactions — U.S. Home Prices Up 1.0 Percent for the Month; Up 5.4 Percent Year-Over-Year – At $260K, the U.S. HPI is up 30.4 percent from the market’s bottom and is just 2.9 percent off the June 2006 peak

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The first half of the year has been good for home prices–if you’re an owner. On Monday, Black Knight Financial Services, Jacksonville, Fla., said home prices hit record highs in May for the third consecutive month. Yesterday, the Standard & Poor’s corelogic case-shiller home Price Index reported home prices in April posted record highs for the.

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Home prices continue to slowly trend higher, rising .9% in May, up 5.9% from a year ago, according to the latest home price index report from Black Knight Financial Services. This is now just 11%.