Note: I follow several house price indexes (Case-Shiller, CoreLogic, Black Knight, Zillow, FHFA and more). Note: Black Knight uses the current month closings only (not a three month average like Case-Shiller or a weighted average like CoreLogic), excludes short sales and REOs, and is not seasonally adjusted.
From Black Knight:
Based on the latest data from the Black Knight HPI, October was a strong month for home price gains. And it makes perfect sense.
The annual home price growth rate rose from 3.9% in September to 4.25% in October.
Click on graph for larger image.
This graph from Black Knight shows their estimate of the MoM and YoY change in House Prices.
This index suggests a pickup in house price appreciation.