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FHFA Reports Home Prices Rose 5.6% in 12 Months Through November
Posted to: MND NewsWire
Wednesday, January 23, 2013 10:29 AM
increased nationally by 0.6 percent from October to November on a seasonally
adjusted basis according to the Federal Housing Finance Agency's monthly House
Price Index (HPI) released this morning.
Further, the Index for prices in the September to October period was
revised from the previously reported increase of 0.5 percent to 0.6 percent.
year-over-year basis the HPI is up 5.6 percent and is now 15.2 percent below
the peak it reached in April 2007 and is roughly the same as it was in August
adjusted prices relative to peak
U.S. house prices rose 0.6 percent on a seasonally adjusted basis from October to November, according to the Federal Housing Finance Agency's
monthly House Price Index (HPI). The previously reported 0.5 percent increase in October was revised upward to a
0.6 percent increase.
For the 12 months ending in November, U.S. prices rose 5.6 percent. The
national index has not declined since January 2011.
All but two of the nine census
regions* posted increases in the October-November period with only, the two
East Central regions, showing price declines.
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