Black Knight: Tappable Equity Skyrockets to Record High

A rising tide lifts all boats, the saying goes. And for the nation’s homeowners, home price growth—buoyed by scant housing inventories and historically low interest rates—created unprecedented tappable equity in 2020, said Black Knight, Jacksonville, Fla.

Housing Report Roundup

Welcome to the Friday Housing Report Roundup. Click on the link to see what’s happening.

CoreLogic: Summer Home Price Cooldown on the Way

CoreLogic, Irvine, Calif., said home prices rose strongly in May, but warned that the effects of the coronavirus and subsequent economic downturn could send home price tumbling over the summer.

CoreLogic: Home Prices Hold Steady

CoreLogic, Irvine, Calif., said its Home Price Index showed nationally, home prices increased by 5.4% from a year ago. From a month ago, home prices increased by 1.4% from March.

February Home Prices Increase by 4.2% Annually

S&P Dow Jones Indices, New York, said its CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 4.2% annual gain in February, up from 3.9% in January.

Home Prices Rising Despite Coronavirus

Several reports this week suggest despite the crippling effect the coronavirus has had on the spring housing market, home prices continue to increase.