Black Knight - Home Prices Up 5.6% Since January

Home prices were up 0.3% for the month, rising 5.5% on a year-over- year basis, according to the August house price index from Black Knight Financial Services.

At $253,000, the national level HPI is now just 5.3% off its June 2006 peak of $268,000.

Of the nation’s 40 largest metros, 9 hit new peaks:

Austin, Texas ($286,000)
Boston, Massachusetts ($409,000)
Dallas, Texas ($218,000)
Denver, Colorado ($326,000)
Houston, Texas ($221,000)
Nashville, Tennessee ($217,000)
Portland, Oregon ($319,000)
San Antonio, Texas ($195,000)