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Black Knight: Home prices barely tick higher

Florida and Texas dominate top metros

Home prices slightly ticked higher from last month, increasing 0.1% in November, with the average home price index hitting $241, according Black Knight’s home price index for November.

This is now just 10.1% off the $268 peak in June 2006.

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Black Knight

Source: Black Knight

Both Texas and Colorado continue to outperform, with each one hitting new peaks again.

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Black Knight

Black Knight

Source: Black Knight

However, the top metro area performers were dominated by Florida and Texas.

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Black Knight

Source: Black Knight

San Francisco and San Jose lead all major metros in the nation in terms of year-over-year appreciation, up 11.1% and 11.2% respectively.
On the other side of the spectrum, Baltimore was the worst performing metro area, seeing a -0.8% month-over-month drop in home prices. 

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3d rendering of a row of luxury townhouses along a street

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