The home price correction may be running on fumes. At least according to the Black Knight Home Price Index, with fresh data on the nation's 100 largest housing markets. Between January and February, the research firm said, 79 of those markets saw home prices rise, while another 19 saw declines on a month-over-month basis and two markets remained flat.
The biggest one-month gains were found in Midwestern and East Coast markets such as Dayton, Ohio (+0.75%), Miami (+0.63%), and Worcester, Mass. (+0.63%). While the sharpest one-month declines could be found in West and Southwest markets like Austin (-0.82%), Las Vegas (-0.53%), and San Jose, Calif. (-0.52%).
