June marked 50 consecutive months of annual national home price appreciation, with prices up 33 percent from the post-recession bottom in 2012, according to a new report from Black Knight Financial Services. It measured the average national home price in June at $265,000, which is within just 1.1 percent of a record high.
Some markets, however, have surpassed their previous price height. These include cities where tech jobs are driving population growth. Seattle and Portland, Oregon, top the list, as workers migrate north from pricey San Francisco. Denver, Austin, Texas, and Pittsburgh are also seeing a heavy influx of tech-sector jobs, pushing demand for housing higher and pulling prices along.