Daily Home Price Flash℠

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Provides daily data on leading market indicators
Provides near real-time prices of homes sold and newly listed
Helps accurately identify real estate market turning points

Daily Home Price Flash℠ provides a report of daily home prices, sales and other housing metrics for single-family residential real estate transactions in nearly all states and more than 200 top U.S. metros. With this solution, you can view the most current home price movements to help make more informed business decisions.

Overview
Features

Leverage Daily Data to Adapt to Changing Market Dynamics

In addition to providing near real-time data on home prices and sales, the Daily Home Price Flash provides daily data on several market indicators, including the number of new listings, number of off-market listings and the median time it takes to sell a property. Historically, these data points have been leading indicators of the future direction of home prices.

Other housing price reports, such as Home Price Indexes (HPIs), are released monthly or quarterly. The Black Knight Daily Home Price Flash provides near real-time home prices to help you better predict home price changes and estimate the timing for changes in the market. Typical home price indices are also “noisy” – meaning much of the data cannot be understood or interpreted correctly by machines. To normalize this, the platform leverages daily local MLS data and uses the median sold price per square foot of living area as the basic home price metric to better improve accuracy.

Easily Consume and Analyze the Data in Cloud-Based Data and Analytics Marketplace

The Daily Home Price Flash is available in the Rapid Analytics Platform℠ (RAP℠), Black Knight’s cloud-based enterprise data and analytics solution. RAP transforms the way companies leverage data and enables decision science strategies in their workflow. Designed for real-time, high-speed processing, RAP allows you to perform advanced analytics with instant access to Black Knight data, and seamlessly join your own and third-party data.

Comprehensive Housing Metrics

Provides housing metrics for single-family residential transactions in nearly all states and more than 200 top U.S. metros.

Better Data, Better Decisions

Consists of the most current data available to support more informed decision-making.

Deep Housing Metric Insights

Uses the median sold price per square foot of living area as the basic home price metric.

Price and Market Predictions

Helps predict home price changes, as well as estimate the timing for changes in the market.

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Solutions for Daily Home Price Flash

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Goals Related to Daily Home Price Flash

Black Knight manages the nation’s leading repository of loan-level residential mortgage data and performance information. Select your goals below to find out how we can help your business increase data transparency, mitigate risk and enhance your loan portfolio.

Daily Home Price Flash℠