
The home price correction continues to lose steam. That’s according to the latest data published Wednesday by the Black Knight Home Price Index. Between February and March, the mortgage lending giant’s latest monthly reading finds that 93 of the nation’s 100 largest housing markets saw a month-over-month home price increase. Meanwhile, just seven of the 100 largest markets individually tracked by Black Knight saw a month-over-month home price decrease.
For comparison, between January and February, 79 of those major housing markets saw home prices rise, while another 19 saw declines on a month-over-month basis, and two remained flat.