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Texas, Colorado Outshining Pre-Crash Home Prices

Black Knight Financial Services said Monday that national home
prices eked out another month-over-month gain in November, rising 0.1 percent
on its Home Price Index (HPI) to a value of $241,000.   This is a 4.5 percent increase from the
national score of $230,000 in November 2013.

The biggest gainers were Texas and Montana, each of which
saw 0.7 percent increases in their HPI values. 
They were followed by New Mexico and Wyoming, each up 0.5 percent and
four states that posted gains of 0.4 percent, Colorado, Louisiana, Utah, and
Idaho.  Most states in the New England
region lost ground in November with Vermont losing 0.7 percent, Rhode Island 0.6
percent, New Hampshire and Massachusetts each falling 0.5 percent, and
Connecticut down 0.4.  Michigan was also in
negative territory by 0.6 percent and New York and Maryland each lost 0.5
percent.

 

 

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