Blog
FHFA Reports Home Prices Rose 5.6% in 12 Months Through November
On arnyear-over-year basis the HPI is up 5.6 percent and is now 15.2 percent belowrnthe peak it reached in April 2007 and is roughly the same as it was in Augustrn2004. </p
Seasonallyrnadjusted prices relative to peak</p
U.S. house prices rose 0.6 percent on a seasonally adjusted basis from October to November, according to the Federal Housing Finance Agency’srnmonthly House Price Index (HPI). The previously reported 0.5 percent increase in October was revised upward to arn0.6 percent increase.rn For the 12 months ending in November, U.S. prices rose 5.6 percent. Thernnational index has not declined since January 2011. </p
All but two of the nine censusrnregions* posted increases in the October-November period with only, the twornEast Central regions, showing price declines. rn
All Content Copyright © 2003 – 2009 Brown House Media, Inc. All Rights Reserved.nReproduction in any form without permission of MortgageNewsDaily.com is prohibited.
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...
Comments
Leave a Comment