Black Knight: Home Prices Hit Post Crisis Peak

U.S. Home Prices Hit New Peak in February, Rising 0.8 Percent for the Month, Up 5.7 Percent Year-Over-Year - See more at: http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20170424.aspx#sthash.8ClZF3OV.dpuf

• At $268K, the national-level HPI hit a new post-crisis peak in February, marking a 1.0 percent gain in home prices since the start of the year - See more at: http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20170424.aspx#sthash.8ClZF3OV.dpuf

• Washington led all states in monthly appreciation, with home prices there rising 2.2 percent, followed by Colorado and Oregon with 1.6 and 1.5 percent growth, respectively - See more at: http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20170424.aspx#sthash.8ClZF3OV.dpuf

• Seattle’s 2.7 percent monthly appreciation was the most of any metropolitan area; San Jose, Calif., Denver, Colo., and Bellingham, Wash., also saw monthly price gains of two percent or higher - See more at: http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20170424.aspx#sthash.8ClZF3OV.dpuf

• In addition to securing the top spots on both the best-performing state and metropolitan area lists this month, Washington also accounted for six of the 10 best-performing metros in the country - See more at: http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20170424.aspx#sthash.8ClZF3OV.dpuf

• For the third consecutive month, Tuscaloosa, Ala., was once again the worst-performing metropolitan area, with prices falling 4.7 percent in February – more than eight times the decline of the next worst-performing metro - See more at: http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20170424.aspx#sthash.8ClZF3OV.dpuf

• Home prices in six of the nation’s 20 largest states and 14 of the 40 largest metros hit new peaks in February - See more at: http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20170424.aspx#sthash.8ClZF3OV.dpuf

Today, the Data and Analytics division of Black Knight Financial Services, Inc. (NYSE: BKFS) released its latest Home Price Index (HPI) report, based on February 2017 residential real estate transactions. The Black Knight HPI utilizes repeat sales data from the nation’s largest public records data set, as well as its market-leading, loan-level mortgage performance data, to produce one of the most complete and accurate measures of home prices available for both disclosure and non-disclosure states. Non-disclosure states do not include property sales price information as part of their publicly available county recorder data. Black Knight is able to obtain the sales price information for these states by combining and matching records across its unique data assets. - See more at: http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20170424.aspx#sthash.8ClZF3OV.dpuf