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More States, Metros Exceed Pre-Crash Price Peaks

Monday, July 27, 2015

Another report shows home price values in May close to, if not exceeding, those prior to the housing crisis.  The latest, from Black Knight Financial Services, shows that home prices in the U.S. increased by 1.1 percent from April to May and were up 5.1 percent year over year.

Black Knight says that the current value of a property on its Home Price Index (HPI) is $251,000.  This is within 6.5 percent of the June 2006 peak of $268,000 and up 25 percent from the bottom of the market in January 2012.

 

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