Black Knight HPI for July 2023: Annual Growth Rate Accelerates as Home Prices Set New Record High, Though Mixed Signals Suggest Market May Be Shifting

-- The Black Knight HPI hit another all-time high in July, with the annual rate of growth jumping to +2.3% from a revised +0.9% in June

-- The reaccelerating annual growth rate was driven as much by the price declines of last July providing a lower starting point as it was by July 2023 gains themselves

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