Black Knight: U.S. Home Prices Inched Up More In December

Posted by Patrick Barnard on February 29, 2016 No Comments
Categories : Residential Mortgage

U.S. home prices increased 0.1% in December compared with November and increased 5.5% compared with December 2014, according to Black Knight Financial Services’ home price index.

The average price for a home in the U.S. as of the end of December was about $253,000, which is just 5.3% below the June 2006 peak of $268,000. What’s more, it is up 27% from the market’s bottom.

States that saw the most home price appreciation, month over month, in December included Florida (0.8%), New York (0.8%), Washington (0.4%), South Dakota (0.4%) and Arizona (0.4%).

Connecticut again led the states in terms of most negative price movement.

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