JACKSONVILLE, Fla.,
June 27, 2016 /PRNewswire/
-- Today, the Data & Analytics division of Black Knight
Financial Services, Inc. (NYSE: BKFS) released its latest Home
Price Index (HPI) report, based on April
2016 residential real estate transactions. The Black Knight
HPI utilizes repeat sales data from the nation's largest public
records data set, as well as its market-leading, loan-level
mortgage performance data, to produce one of the most complete and
accurate measures of home prices available for both disclosure and
non-disclosure states. Non-disclosure states do not include
property sales price information as part of their publicly
available county recorder data. Black Knight is able to obtain the
sales price information for these states by combining and matching
records across its unique data assets.
Each month the Black Knight HPI reports five price levels
(quintiles), along with REO discount rates, for 18,000+ U.S. ZIP
codes. Findings are available with or without seasonal adjustments,
although all numbers that follow have not been seasonally
adjusted.
For a more in-depth review of this month's home price trends,
including detailed looks at average home prices in the 20 largest
states and 40 largest metros, please download the full Black
Knight HPI Report at
http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/HPINow.aspx
United States
HPI:
|
$260K
|
Change from Last
Month:
|
1.0%
|
Change from Last
Year:
|
5.4%
|
Change from
Peak:
|
-2.9%
|
Largest States' HPI Changes from Last Month (Ranked by
Population)
California
|
0.7%
|
Texas
|
1.0%
|
Florida
|
0.6%
|
New York
|
1.4%
|
Illinois
|
1.2%
|
Pennsylvania
|
0.8%
|
Ohio
|
0.9%
|
Georgia
|
1.5%
|
North
Carolina
|
1.1%
|
Michigan
|
1.3%
|
Largest Metros' HPI Changes from Last Month (Ranked by
Population)
New York,
NY
|
1.3%
|
Los Angeles,
CA
|
0.6%
|
Chicago,
IL
|
1.1%
|
Dallas, TX
|
1.1%
|
Houston,
TX
|
0.8%
|
Philadelphia,
PA
|
0.9%
|
Washington
D.C.
|
0.9%
|
Miami, FL
|
0.4%
|
Atlanta,
GA
|
1.6%
|
Boston, MA
|
1.5%
|
Top 10 Movers, State-Level
Washington
|
1.9%
|
Oregon
|
1.7%
|
Utah
|
1.5%
|
Idaho
|
1.5%
|
Georgia
|
1.5%
|
Massachusetts
|
1.4%
|
Alaska
|
1.4%
|
Colorado
|
1.4%
|
New York
|
1.4%
|
Minnesota
|
1.4%
|
Top 10 Movers, Metro-Level
Seattle,
WA
|
2.0%
|
Walla Walla,
WA
|
2.0%
|
Cheyenne,
WY
|
2.0%
|
Portland,
OR
|
1.8%
|
Mount Vernon,
WA
|
1.8%
|
Cumberland,
MD
|
1.8%
|
Lewiston,
ID
|
1.6%
|
Olympia,
WA
|
1.6%
|
Greeley,
CO
|
1.6%
|
Provo,
UT
|
1.6%
|
To download the full Black Knight HPI Report, visit
http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/HPINow.aspx
For more information about gaining access to Black Knight's full
HPI dataset for your business, please send an email to
dataanalyticsinfo@bkfs.com.
About the Black Knight Home Price Index
The Black Knight HPI is one of the most complete and accurate
measures of home prices available, providing essential micro-level
valuation data by covering nearly 90 percent of U.S. residential
properties at the ZIP-code level. The Black Knight HPI provides the
most timely updates possible, without the disruptive volatility of
frequent historical revisions, for ZIP codes, cities, counties,
states, the nation and statistical areas as defined by the White
House Office of Management and Budget.
The Black Knight HPI utilizes repeat sales data from the
nation's largest public records data set as well as its
market-leading loan-level mortgage performance data to capture home
price data from both disclosure and non-disclosure states. Each
month the Black Knight HPI reports five price levels (quintiles),
along with REO discount rates for each of 18,000+ U.S. ZIP codes.
This level of detail is provided for three property groupings in
every ZIP code: i) all residential properties, ii) condominiums,
and iii) single-family housing. Black Knight's HPI is available
with or without seasonal adjustments (numbers cited above are not
seasonally-adjusted).
About Black Knight Financial Services, Inc.
Black Knight Financial Services, Inc. (NYSE: BKFS), a Fidelity
National Financial (NYSE: FNF) company, is a leading provider of
integrated technology, data and analytics solutions that facilitate
and automate many of the business processes across the mortgage
lifecycle.
Black Knight Financial Services is committed to being a premier
business partner that lenders and servicers rely on to achieve
their strategic goals, realize greater success and better serve
their customers by delivering best-in-class technology, services
and insight with a relentless commitment to excellence, innovation,
integrity and leadership. For more information on Black Knight
Financial Services, please visit www.bkfs.com.
For more
information:
|
|
|
Michelle
Kersch
|
Mitch
Cohen
|
904.854.5043
|
646.546.5103
|
michelle.kersch@bkfs.com
|
mitch@mprg.com
|
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SOURCE Black Knight Financial Services, Inc.