Wednesday, January 23, 2013

FHFA Monthly Home Prices: November 2012

Today, the Federal Housing Finance Agency (FHFA) released the latest results of their monthly house price index (HPI) showing that in November, nationally, home prices increased 0.56% from October and rose 5.67% above the level seen in November 2011.

The FHFA monthly HPI are formulated from home purchase information collected from mortgages that have been sold to or guaranteed by Fannie Mae and Freddie Mac.