CoreLogic’s Home Price Index showed that home prices nationwide rose 0.3% from August to September, hitting a new all-time high for the fifth straight month. CoreLogic forecasts that home prices will rise 0.1% in October and 2.6% in the year going forward, though their forecasts tend to be on the conservative side historically. In fact, CoreLogic’s index is on pace for 8% appreciation in 2023, based on the monthly readings we’ve seen so far this year.

Black Knight also reported that national home values rose 0.4% in September, with their index also showing new all-time highs in home values for the fifth month in a row. Home prices are now almost 3% above the 2022 peak in Black Knight’s index, which is on pace for 7% appreciation this year based on the monthly gains we’ve seen to date.