Black Knight: Housing Market Reignites as Home Prices Hit New Record High in May; Inventory, Affordability Continue to Plague Potential Buyers

Provided By PR Newswire

Last update: Jul 10, 2023

JACKSONVILLE, Fla., July 10, 2023 /PRNewswire/ -- Today, the Data & Analytics division of Black Knight, Inc. (NYSE:BKI) released its latest Mortgage Monitor Report, based on the company's industry-leading mortgage, real estate and public records data sets. As the nation approaches the traditional end of the spring homebuying season, there are distinct signs of market reheating – almost universally in markets across the United States. As Black Knight Vice President of Enterprise Research Andy Walden explains, five consecutive months of gains have completely reversed the pullback in home prices that began in July 2022.