Home prices have been increasing for 67 consecutive months to reach a new high of $283,000 in November 2017, according to data from Black Knight Financial
Home prices have been increasing for 67 consecutive months to reach a new high of $283,000 in November 2017, according to data from Black Knight Financial.
The mortgage software and analytics firm’s data shows that prices gained 6.49% in the first 11 months of 2017 and were up 6.44% in the 12 months until the end of November. November’s increase from October was 0.27%.
The gain since the market’s trough in January 2012 is 42.05%.
New York led all states in monthly appreciation, with home prices rising 1.36% from October. By comparison California saw a 0.44% rise.
Dover, Del., led all metropolitan areas with 2.11% growth, while Canton, Ohio home prices saw the greatest drop of any metro area, falling 2.24% from October.
Largest States’ HPI Changes from Last Month (Ranked by Population)
Largest Metros’ HPI Changes from Last Month (Ranked by Population)
Top 10 Movers, State-Level
Top 10 Movers, Metro-Level
The mortgage software and analytics firm’s data shows that prices gained 6.49% in the first 11 months of 2017 and were up 6.44% in the 12 months until the end of November. November’s increase from October was 0.27%.
The gain since the market’s trough in January 2012 is 42.05%.
New York led all states in monthly appreciation, with home prices rising 1.36% from October. By comparison California saw a 0.44% rise.
Dover, Del., led all metropolitan areas with 2.11% growth, while Canton, Ohio home prices saw the greatest drop of any metro area, falling 2.24% from October.
Largest States’ HPI Changes from Last Month (Ranked by Population)
| California | 0.44% |
| Texas | 0.10% |
| Florida | 0.57% |
| New York | 1.36% |
| Illinois | -0.15% |
| Pennsylvania | 0.02% |
| Ohio | -0.31% |
| Georgia | 0.11% |
| North Carolina | 0.28% |
| Michigan | -0.05% |
Largest Metros’ HPI Changes from Last Month (Ranked by Population)
| New York, NY | 1.04% |
| Los Angeles, CA | 0.43% |
| Chicago, IL | -0.13% |
| Dallas, TX | 0.21% |
| Houston, TX | 0.04% |
| Philadelphia, PA | 0.56% |
| Washington D.C. | 0.01% |
| Miami, FL | 0.41% |
| Atlanta, GA | 0.06% |
| Boston, MA | 0.32% |
Top 10 Movers, State-Level
| New York | 1.36% |
| Nevada | 0.76% |
| Vermont | 0.66% |
| Arizona | 0.63% |
| Utah | 0.62% |
| Idaho | 0.59% |
| Florida | 0.57% |
| Tennessee | 0.56% |
| Colorado | 0.53% |
| California | 0.44% |
Top 10 Movers, Metro-Level
| Dover, DE | 2.11% |
| San Jose, CA | 1.52% |
| Albany, NY | 1.32% |
| Elmira, NY | 1.31% |
| Ithaca, NY | 1.25% |
| Kingston, NY | 1.21% |
| Ocala, FL | 1.20% |
| Homosassa Springs, FL | 1.14% |
| Lakeland, FL | 1.11% |
| Santa Rosa, CA | 1.10% |
