General World News

Home prices hit new peaks in 30 of the 50 largest US markets: Black Knight

Home prices are going up across the country after slowing for more than a year, according to a new report from data and analytics company Black Knight.

The report found that nationally, home prices in June rose by 0.67% month-over-month on a seasonally adjusted basis. Meanwhile, the annual home price increase was 0.8% in June, up from just 0.2% in May. 

Calling the June price increase an inflection point, Black Knight Vice President of Enterprise Research Andy Walden said the rate of home price increases would have a “lagging, but significant impact on the details ⇒

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