Home Price Data
Black Knight’s HPI Now summarizes sales concluded during each month using a repeat sales analysis of home prices as of the transaction dates. The data contained in HPI Now is generated by the Black Knight HPI, one of the most complete and accurate home price sources available. Each month for each of more than 18,500 U.S. ZIP codes, the Black Knight HPI reports five price levels (quintiles) and corresponding discounts from these normal market prices for foreclosure (REO) and short sales. By combining property and loan data in its repeat sales analysis, the Black Knight HPI covers about 89 percent of single-family residential properties in the U.S. The innovative approach used to maximize geographical resolution enables the Black Knight HPI to meaningfully cover about 98 percent of these properties at the ZIP-code level.