Federal House Price Index up 0.3 percent nationwide, 1.6 percent in West  

  RSS

San_Diego_Real_Estate
(@san_diego_real_estate)
Estimable Member
Joined: 6 months ago
Posts: 104
05/06/2018 7:53 am  
U.S. home prices in July rose 0.3 percent on a seasonally adjusted basis compared with June, according to the Federal Housing Finance Agency’s (FHFA) monthly House Price Index released yesterday. For the 12 months ending in July, U.S. home prices declined 4.2 percent. The index is 10.5 percent below its April 2007 peak.

The FHFA monthly index is calculated using purchase prices of houses with mortgages that have been sold to or guaranteed by Fannie Mae or Freddie Mac. For the nine U.S. Census Divisions, seasonally adjusted monthly price changes from June to July ranged from a 0.9 percent decline in the East South Central Division to a 1.6 percent gain in the Pacific Division, which includes Hawaii, Alaska, Washington, Oregon, and California.

__________________
For professional San Diego real estate agents, contact the Advantage VIP Dream Team for all of your San Diego real estate needs today. Specializing in Rancho Santa Fe and Tulsa Real Estate!

ReplyQuote
Share:
  
Working

Please Login or Register