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.
Houston home prices increased in September and the state of Texas hit a new peak. Houston, along with Austin, San Antonio and Dallas, was one of nine out of 40 large metros that hit a new peak in September.
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