Home Prices Rise in January: FHFA
That’s right, home prices rose in January, it’s not a typo.
U.S. home prices climbed 1.7 percent on a seasonally adjusted basis from December to January, according to the Federal Housing Finance Agency’s monthly House Price Index.
However, for the 12 months ending in January, home prices fell 6.3 percent, and the home price index is 9.6 percent below its April 2007 peak.
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