Wednesday, May 15, 2024 | The Latest Buzz for the Appraisal Industry

Black Knight: ‘Highest Annual Home Price Growth Rate We’ve Ever Seen’

Tight inventory levels have spurred unprecedented home-price growth rates, resulting in profound home affordability concerns, according to the newest Mortgage Monitor Report from Black Knight Inc.’s Data & Analytics division.

“Home prices grew at 14.8 percent on an annual basis in April,” says Ben Graboske, Black Knight Data & Analytics’ president. “That’s the highest annual home price growth rate we’ve ever seen – and Black Knight’s been tracking the metric for almost 30 years

This post was originally published on this site

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