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Wednesday, December 04, 2019

Black Knight: House Price Index up 0.3% in October, Up 4.3% year-over-year

by Calculated Risk on 12/04/2019 01:12:00 PM

Note: I follow several house price indexes (Case-Shiller, CoreLogic, Black Knight, Zillow, FHFA 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:

Based on the latest data from the Black Knight HPI, October was a strong month for home price gains. And it makes perfect sense.

The annual home price growth rate rose from 3.9% in September to 4.25% in October.
Black Knight House Prices Click on graph for larger image.

This graph from Black Knight shows their estimate of the MoM and YoY change in House Prices.

This index suggests a pickup in house price appreciation.