Black Knight: House Price Index up 1.1% in May, Up 5.4% year-over-year

Note: I follow several house price indexes (Case-Shiller, CoreLogic, Black Knight, Zillow, FHFA, FNC and more). Note: Black Knight uses the current month closings only (not a three month average like Case-Shiller or a weighted average like CoreLogic), excludes short sales and REOs, and is not seasonally adjusted . From Black Knight: Black Knight Home Price Index Report: May 2016 Transactions, U.S. Home Prices Up 1.1 Percent for the Month; Up 5.4 Percent Year-Over-Year • U.S. home prices were up 1.1% for the month, and 5.4% from a year ago • At $263K, the U.S. HPI is up nearly 32% from the......(read more)

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