The fourth and last of the August home price estimates is in and none of them show any slowing of appreciation.  Among peers, Black Knight Financial Services is the only one that doesn't report a greater year-over-year gain in August than it did in July.  Black Knight puts its Home Price Index (HPI) at $266,000, an annual increase of 5.3 percent, unchanged from the previous month.   

Black Knight calls this "a trend of very stable growth.  The 5.3 percent increase is, in fact, identical to the percentage gain in the index in seven out of the last eight months. The index rose 0.3 percent compared to July.  The change from June to July was 0.4 percent.

The HPI is now only 0.7 percent below the peak set before the housing crisis and has risen 33 percent from the market's 2012 bottom. Home prices in nine of the nation's 20 largest states and nine of the 40 largest metros hit new peaks in August.

Unlike the other indices which show the strongest appreciation in the West, Black Knight shows the growth highest in New York State.  The state as a whole gained 1.4 percent compared to July and nine of the ten top performing metropolitan areas are in the state.

Nine states saw negative monthly price movement, led by South Carolina, North Dakota, Virginia, Connecticut and Missouri, all down 0.3 percent from July.