According to the Black Knight HPI, home prices in the U.S. increased by 5.5 percent annually and 0.1 percent on a monthly basis in September. Using repeat sales data from the nation’s largest public records data set and Black Knight’s market-leading loan-level mortgage performance data, the HPI found New York to have lead the pack in gains for the third consecutive month.
Seasonality set in and Washington, D.C. home prices fell slightly in the month of September over the previous month, but they remain higher than last year.
