National prices now just 12% off their peak | North Salem Real Estate

 

Home prices nationally rose 0.9% in April, which is up 6.4% year-over-year, according to the most comprehensive and latest report from Black Knight Financial Services.

The report is based on April 2014 residential real estate transactions.

This puts U.S. home prices at just 12% off their 2006 peak.

The Music City, Nashville, hit a new peak in April. It was among seven of 40 largest metro areas to do so.

Click below to see the chart.

Nineteen of 20 largest states see month-over-month growth with no declines.

Looking at the states, Georgia and Massachusetts led monthly gain with 1.6% monthly growth, while Iowa and Arizona brought up the rear with 0.4% and 0.0%, respectively.

 

 

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http://www.housingwire.com/articles/30399-black-knight-home-prices-up-09-for-april

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