Tuesday, March 22, 2016

FHFA Monthly Home Prices: January 2016

Today, the Federal Housing Finance Agency (FHFA) released the latest results of their monthly house price index (HPI) showing that in January, nationally, home prices increased 0.54% from December rising 6.01% above the level seen in January 2015.

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.