Cities and states across the Midwest experienced some of the largest home price gains in the country in June, according to the Black Knight Financial Services Home Price Index.
Nationwide, home prices rose 0.8% from May and 5.3% year-over-year to $265,000, Black Knight reported Monday. Home prices nationally are now just 1.1% below a new peak.
Michigan and Wisconsin showcased the largest percentage growth in home prices at the state level, at 1.6% and 1.5%, respectively. Ohio, another Midwestern state, also landed in the top 10.
The top 10 at the state level also included Oregon, Washington, Colorado, Alaska, New York, Hawaii and Montana.
At the metropolitan level, the biggest price gain during June occurred in Carson City, Nev., at 2.4%. A number of Midwestern cities also landed in this top-10 list: Cleveland, Grand Rapids, Mich., Milwaukee, Battle Creek, Mich., and Detroit.
The rest of the top 10 for metropolitan areas included three cities in Washington — Walla Walla, Longview and Spokane — and Eugene, Ore.
