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.
Even in the off season, Miami experienced a slight uptick in monthly home prices. The state of Florida, in combination with Wisconsin, accounted for six of the nation’s top 10 performing metros.
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