by Calculated Risk on 12/04/2019 01:12:00 PM
Wednesday, December 04, 2019
Black Knight: House Price Index up 0.3% in October, Up 4.3% year-over-year
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.Click on graph for larger image.
The annual home price growth rate rose from 3.9% in September to 4.25% in October.
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.