Need news in a flash? Here’s what’s happening in your community

Black Knight Financial Services released its May 2016 home price index data for Los Angeles, finding the metro home price index value at $600,000 in May — up 0.5 percent month-over-month and 6.3 percent year-over-year.

A new collaboration between charitable real estate network Giveback Homes and San Francisco-based ReferralExchange provides Giveback Homes member agents a free license to ReferralExchange’s referral network, with ReferralExchange donating $100 for every closing (up to $20,000) toward Giveback Homes humanitarian build projects.

Home values in the 90732 ZIP code (San Pedro) will keep climbing through next 12 months, according to real estate data firm Weiss Analytics.

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